Paraguay 2017. Chevrolet roars in a market up 33%

Paraguayan Vehicles Market

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 2012Sales 2013Sales 2014Sales 2015Sales 2016Sales 2017Sales 2018 e
Car+LCV28.88728.19030.69124.55920.80227.85129.689
Total28.88728.19030.69124.55920.80227.85129.689
 2012 Var2013 Var2014 Var2015 Var2016 Var2017 Var2018 var e
Car+LCV11,1%-2,4%8,9%-20,0%-15,3%33,9%6,6%
Total11,1%-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 2017Rank 2016BrandSales 2017Sales 2016Variation 2017Share 2017Share 2016
11Kia4.1784.296-2,7%15,0%20,7%
25Chevrolet3.8991.306198,5%14,0%6,3%
33Toyota3.7463.07921,7%13,5%14,8%
42Hyundai2.9413.507-16,1%10,6%16,9%
54Volkswagen2.3201.34872,1%8,3%6,5%
614Fiat1.278304320,4%4,6%1,5%
76Nissan1.18676854,4%4,3%3,7%
88Jeep95059559,7%3,4%2,9%
910Suzuki93357063,7%3,3%2,7%
107Ford71959720,4%2,6%2,9%
1111Mercedes57139146,0%2,1%1,9%
129Isuzu512580-11,7%1,8%2,8%
1312Changan49337033,2%1,8%1,8%
1415Mazda37329526,4%1,3%1,4%
1520SsangYong34517794,9%1,2%0,9%
1628Brilliance34048608,3%1,2%0,2%
1725Honda33784301,2%1,2%0,4%
1813BMW3343146,4%1,2%1,5%
1922Peugeot301120150,8%1,1%0,6%
2016Mitsubishi270275-1,8%1,0%1,3%
2119Audi23718528,1%0,9%0,9%
2217Chery176216-18,5%0,6%1,0%
2327Citroen17160185,0%0,6%0,3%
2418Renault157189-16,9%0,6%0,9%
2524JMC1399644,8%0,5%0,5%
2626Porsche1027241,7%0,4%0,3%
2721Subaru96132-27,3%0,3%0,6%
2832Dongfeng92
2930Lexus84
3028DFSK72
3123Chana69
3223Land Rover60
3329Mahindra48
3428Great Wall45
3529Jinbei36
3529JAC36
3628Volvo30
3728Changhe28
3830Dodge24
3830Foton24
3829Mini24
3830Haima24
3931Cadillac12
3931BYD12
3931Geely12
4029Zotye9
4130ZNA6
Rank 2017Rank 2016 Sales 2017Sales 2016Variation 2017
11Toyota Hilux2.1862.1382,2%
27Chevrolet S101.643560193,4%
35Kia Sportage1.15690328,0%
422Chevrolet Onix1.128266323,4%
52Kia Picanto1.1001.217-9,6%
64Hyundai Tucson708996-28,9%
79Volkswagen Gol68553029,1%
844Fiat Strada666132404,5%
93Kia Rio6351.192-46,7%
1010Hyundai Accent63250525,1%

 

 

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