Luxury Cars: Sales Still Up


News from Panama / Tuesday, December 10th, 2019

During the first ten months of 2019, 2,210 luxury vehicles were sold in Panama, a figure 9% higher than that reported in the same period of 2018.

According to the latest report of the General Comptroller of the Republic, between the first ten months of 2018 and the same period of 2019, the number of units registered in the country fell slightly, from 41,182 to 40,940.

You may be interested in “Automotive Business in Central America

From January to October 2019, sales of regular cars reported a decrease over the same period in 2018, falling from 14,342 to 14,336 units, and Pick Ups sales recorded a 7% decrease, falling from 6,335 to 5,925 units.

Also see “Car Brands: Figures at the Beginning of 2019

Trucks also recorded a decrease for the months in question from 1,313 to 1,149 units, representing a 13% decrease. In the case of luxury cars, the number of vehicles sold increased from 2,028 to 2,210.

See statistics from the Comptroller’s Office.

    Sign Up for our Newsletter:

    Your Name (required)

    Your Email (required)