Panama: Pickups and SUV´s Take Their Turn


News from Panama / Tuesday, August 30th, 2016

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I love my Amarok!!   In the first half of the year registration of vehicles grew by 7%, driven by registrations of SUV vehicles, which grew by 18% and by pickup trucks, which grew by 35%.

Data from the Comptroller General of the Republic showed that in the first half of the year 33,164 vehicles were registered, of which 13,877 were regular cars, 1,424 were luxury cars, 9,568 SUVs and 5,111 pick ups, In addition about 2700 buses, trucks and other vehicles were registered.

You may want to read: “Age of the Vehicle Fleet in Central America

The growth in the number of vehicles registered between January and June compared to the same period in 2015 is 7%, slightly lower than the growth rates recorded in previous years.

Standing out the most in these figures is the 35% increase in the registration of pick up vehicles, which amounted to 5,111. Following these were SUV’s, with 9,568 registrations, achieving growth of 18% compared to the first half of 2015.