In Panama, the distributors’ union is asking the government to open up sales channels, which is included in the third block of the return to normal scheme, whose start date has not yet been defined.

Vehicle sales in the Panamanian market are going through their worst moment. According to the latest report of the General Comptroller of the Republic, in the context of the quarantine decreed by the covid-19, during the fourth month of the year was reported the sale of only 117 vehicles, 97% less than that recorded in the same period of 2019.

See “Vehicles: Prices, Trends and Potential Market”

Press.com reviews that “… The Association of Automobile Distributors of Panama (ADAP) requested the Government to open the sales channels in order to leave about 20 thousand units in inventory, as well as to define an action plan to avoid job losses.”

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The article adds that “… For ADAP’s board of directors, ‘the urgency of the reopening’ is a response to the most worrisome challenges facing the automotive industry, including the fact that millions of dollars are not being sold every month. We have been on hold for more than three months and every month we stop selling approximately $140 million that could help the country’s economy.”

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