The union of vehicle dealers reported that the brands Toyota, Hyundai and Kia led sales in the country, with 35,000 units sold in 2016.

Figures from the Association of Automobile Dealers in Panama (ADAP) indicate that these three brands are the most commonly traded in the country.  Capital.com.pa indicates that the Toyota brand   “… leads the list with 42,249 vehicles sold in the last three years. In 2014 14,223 cars were sold and although in 2015 there was a drop in sales (13,642) they rebounded in 2016 and 14,384 cars were sold.”

See: “Age of the Vehicle Fleet in Central America“

“… In second place is Hyundai, Korean-made vehicles, whose sales have varied. In 2014, 10,640 cars were sold and in 2015 there was a rebound in sales, reaching 11,621 and in 2016 the total sales reached 11,511 vehicles, a figure which represents a decrease of 1% compared to the previous year.

See also: “Figures on Vehicle Fleet in Panama“

“… Meanwhile, the Korean brand KIA ranks third in the ADAP´s list with a figure of 30,871 cars sold in the last three years and their numbers have been increasing. In 2014, 9,636 vehicles of this brand were sold, and in 2015 this total reached 10,575 vehicles rising to a total of 10,660 in 2016.”