Paraguay 2017. Chevrolet roars in a market up 33%

Paraguayan Vehicles Market Kia-Rio_Sedan-2018-1600-08

Paraguayan Vehicles Market recovered 33.9% in the 2017 after the previous years fall, sustained by private consumptions and new fixed investment wave. Kia is market leader despite losing five points of market share, while Chevrolet boomed in second place.

Paraguay’s economy picked up pace in Q3 following a moderation in Q2, aided by solid domestic demand. The economy grew at an annualized rate of 3.0% in Q3 and was driven by trade, manufacturing and agriculture from a production point of view. Looking at the expenditure side, private consumption and fixed investment drove the result. Early indicators for Q4 signal that the momentum likely carried over into the final stretch of 2017. The monthly indicator of economic activity showed that activity grew notably in October, and the business turnover estimate recorded its sixth consecutive month of growth in the same month.

Paraguay vehicles market in recent years suffered heavy lost in the 2016, when sales declined 15.3% from the previous year at a negative peak of 20.802. Since early 2017 a recovery is in place and as reported by the local Automotive Manufacturers Association, total light vehicles sales in the 2017 have been 27.851, up 33.9%

  Sales 2012 Sales 2013 Sales 2014 Sales 2015 Sales 2016 Sales 2017 Sales 2018 e
Car+LCV 28.887 28.190 30.691 24.559 20.802 27.851 29.689
Total 28.887 28.190 30.691 24.559 20.802 27.851 29.689

  2012 Var 2013 Var 2014 Var 2015 Var 2016 Var 2017 Var 2018 var e
Car+LCV 11,1% -2,4% 8,9% -20,0% -15,3% 33,9% 6,6%
Total 11,1% -2,4% 8,9% -20,0% -15,3% 33,9% 6,6%

At brand-wise, Kia has confirmed the leadership selling 4.178 vehicles (-2.7%) despite losing over five points of market share, from 20.7% to 15.0%.

In second place a roaring Chevrolet up 196% with 3.899 units followed by Toyota with 3.746 (+21.7%), Hyundai with 2.941 (-16.1%) and Volkswagen with 2.320 units (+72.1%).

Model wise, the best-selling car in the year has been the Toyota Hilux with 2.186 sales (+2.2%) followed by the Chevrolet S10 with 1.643 (+193%) and the Kia Sportage with 1.156 (+20%)

 

Rank 2017 Rank 2016 Brand Sales 2017 Sales 2016 Variation 2017 Share 2017 Share 2016
1 1 Kia 4.178 4.296 -2,7% 15,0% 20,7%
2 5 Chevrolet 3.899 1.306 198,5% 14,0% 6,3%
3 3 Toyota 3.746 3.079 21,7% 13,5% 14,8%
4 2 Hyundai 2.941 3.507 -16,1% 10,6% 16,9%
5 4 Volkswagen 2.320 1.348 72,1% 8,3% 6,5%
6 14 Fiat 1.278 304 320,4% 4,6% 1,5%
7 6 Nissan 1.186 768 54,4% 4,3% 3,7%
8 8 Jeep 950 595 59,7% 3,4% 2,9%
9 10 Suzuki 933 570 63,7% 3,3% 2,7%
10 7 Ford 719 597 20,4% 2,6% 2,9%
11 11 Mercedes 571 391 46,0% 2,1% 1,9%
12 9 Isuzu 512 580 -11,7% 1,8% 2,8%
13 12 Changan 493 370 33,2% 1,8% 1,8%
14 15 Mazda 373 295 26,4% 1,3% 1,4%
15 20 SsangYong 345 177 94,9% 1,2% 0,9%
16 28 Brilliance 340 48 608,3% 1,2% 0,2%
17 25 Honda 337 84 301,2% 1,2% 0,4%
18 13 BMW 334 314 6,4% 1,2% 1,5%
19 22 Peugeot 301 120 150,8% 1,1% 0,6%
20 16 Mitsubishi 270 275 -1,8% 1,0% 1,3%
21 19 Audi 237 185 28,1% 0,9% 0,9%
22 17 Chery 176 216 -18,5% 0,6% 1,0%
23 27 Citroen 171 60 185,0% 0,6% 0,3%
24 18 Renault 157 189 -16,9% 0,6% 0,9%
25 24 JMC 139 96 44,8% 0,5% 0,5%
26 26 Porsche 102 72 41,7% 0,4% 0,3%
27 21 Subaru 96 132 -27,3% 0,3% 0,6%
28 32 Dongfeng 92
29 30 Lexus 84
30 28 DFSK 72
31 23 Chana 69
32 23 Land Rover 60
33 29 Mahindra 48
34 28 Great Wall 45
35 29 Jinbei 36
35 29 JAC 36
36 28 Volvo 30
37 28 Changhe 28
38 30 Dodge 24
38 30 Foton 24
38 29 Mini 24
38 30 Haima 24
39 31 Cadillac 12
39 31 BYD 12
39 31 Geely 12
40 29 Zotye 9
41 30 ZNA 6

Rank 2017 Rank 2016   Sales 2017 Sales 2016 Variation 2017
1 1 Toyota Hilux 2.186 2.138 2,2%
2 7 Chevrolet S10 1.643 560 193,4%
3 5 Kia Sportage 1.156 903 28,0%
4 22 Chevrolet Onix 1.128 266 323,4%
5 2 Kia Picanto 1.100 1.217 -9,6%
6 4 Hyundai Tucson 708 996 -28,9%
7 9 Volkswagen Gol 685 530 29,1%
8 44 Fiat Strada 666 132 404,5%
9 3 Kia Rio 635 1.192 -46,7%
10 10 Hyundai Accent 632 505 25,1%

 

 

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