After several months of reporting year-on-year declines in the number of vehicles sold in Panama, during the third month of the year an increase of 93% was recorded.

The Comptroller General’s Office reported that between March 2020 and the same month of 2021, the number of new units registered in the country increased 93%, going from 2,099 to 4,057.

See “Vehicles: Sales Potential by Brand”

From January to March 2021, sales of regular car-type vehicles reported a 22% decrease compared to the same period in 2020, dropping from 3,280 to 2,561 units, and sales of Pick Ups registered a 1% rise, going from 1,350 to 1,365 units.

You may be interested in “Vehicles: Prices, Trends and Potential Market”

For their part, trucks also recorded a decrease for the months in question by dropping from 209 to 199 units, representing a 5% decrease. See statistics from the Comptroller’s Office.
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