04 May 2020

Panama Vehicle Sales : 2019


Vehicle sales (including commercials) were -6% in 2019 and -11% on the average for the previous decade. Toyota continued its leadership but the advantage was trimmed as Hyundai edged closer. Unlike many smaller Latin American markets, Chinese brands are conspicuous by their absence, although the two that are on the list made progress.



17 18 19 Brand 2019 % +/-


1 1 1 Toyota 9,435 19.7% -10%


2 2 2 Hyundai 8,137 17.0% 5%


4 4 3 Nissan 5,786 12.1% -7%


3 3 4 Kia 5,635 11.8% -13%


5 5 5 Suzuki 3,772 7.9% -18%


6 6 6 Honda 2,948 6.2% 2%


10 7 7 Mitsubishi 1,856 3.9% 1%


8 8 8 GM 1,662 3.5% 3%


9 10 9 Isuzu 1,370 2.9% 1%


7 9 10 Ford 1,298 2.7% -18%


11 11 11 Mazda 1,005 2.1% -11%


12 12 12 BMW 603 1.3% -2%


13 14 13 Mercedes 543 1.1% 12%


16 13 14 VW 436 0.9% -13%


14 15 15 Lexus 426 0.9% 3%


20 17 16 Chrysler 344 0.7% 6%


19 20 17 Subaru 299 0.6% 15%


17 18 18 Audi 236 0.5% -14%


15 19 19 Hino 230 0.5% -15%


25 21 20 Acura 210 0.4% 14%


28 16 21 Volvo 207 0.4% -47%


24 22 22 Peugeot 177 0.4% 19%


18 30 23 Renault 147 0.3% 167%


21 24 24 Land Rover 127 0.3% 9%


33 36 25 Changan 126 0.3% 425%


23 23 26 MINI 121 0.3% -14%


26 26 27 Porsche 107 0.2% 43%


28 27 28 MG 99 0.2% 50%


31 29 29 Infiniti 66 0.1% 16%



Others 458 1.0%


Total 47,866
-6%

As for models. the Hilux leads the way, just ahead of the Hyundai Accent.


Rk Brand Model 2019

1 Toyota Hilux 2,696

2 Hyundai Accent 2,607

3 Kia Rio Sedan 1,925

4 Honda CR-V 1,660

5 Nissan Frontier 1,659

6 Toyota RAV 4 1,560

7 Hyundai i10 Sedan 1,416

7 Kia Picanto 1,416

9 Nissan Kicks 1,232

10 Toyota Rush 1,227

11 Nissan Versa Sedan 1,214

12 Hyundai Creta 1,058

13 Toyota Yaris Sedan 1,003

14 Hyundai Tucson 1,000

15 Suzuki Vitara 985

Data source: ADAP.

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