Paraguay 2017. Chevrolet roars in a market up 33%

February 9, 2018

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%