Honduras 2015. New all time record, up 13%
Honduras Vehicles Sales in 2015 improved for the fourth year in a row, hitting the new all time record with 14.292 sales, fueled by internal demand, gaining strength during the year. However, new new vehicles are still penalized by used imported cars.
Puerto Rico 2014. Auto Market down in double digit.
In 2014 the Car Market in Puerto Rico fell in double digit, following the positive score of the previous year. Toyota stands on top of the list while Mazda and Infiniti were the fastest growing. Corolla was again the king.
Bermuda 2017. That’s the land of Kia
Bermuda vehicles market is fueled by rent a car and tourism business, which account 28% of the national GDP. In the 2017 the market hit the all time record with 1.380 sales, up 5.5%. Kia dominates with over 50% of market share.
Jamaica 2018. Car sales soared to 33.5%
Jamaica vehicles market in 2018 the market suddenly grew at high speed. Indeed, the year ended with sales at 7.176, soaring 33.5%. Toyota kept leading the ranking with 32.1% of share, followed by Kia and Volkswagen.
Panama 2023. Car Market Gained Again (+16.0%) Pushed By Chinese OEMs Success
Panama Vehicles Market reported the third gain in a row in 2023. Sales were 48.919 (+16.0%), the 7th highest level ever and not far from the above 50.000 level always achieved between 2013 and 2018.
Cuba 2017. Tourism sector launched the new cars market
Cuba vehicles market is born in the 2016 thanks to the rapid development of tourism sector and despite the huge prices for new and used vehicles, taking off from near zero to near 4k driven by public fleet for taxi and rental vehicles. The huge level of price is the limit to further market growth.
Honduras 2019. Auto market slipped down again
Nicaragua 2016. Car market hit the new all time record
Nicaragua Auto Sales established a new all time record in the 2016 taking full benefit by the strong economic momentum and by the booming tourism sector. Thanks to the wide line up, Toyota kept the market leadership..
Honduras. In 2018 the market kept recovering in double-digits
Honduras Vehicles Market in 2018 kept recovering from the 2016's sharp drop. Indeed, registrations ended the year at 12.974, up 10.8% from the previous year. Nissan held the market throne with 23.7% of market share, ahead of Toyota and Ford.
Guadeloupe 2020. Renault keeps gaining share in market down 25.2%
Guadeloupe vehicles market falls due to the global pandemic affecting sales. Indeed, Full Year 2020 sales have been 14.366, down 25.2% compared to 2019. The leader Renault keeps gaining share and reaches 25.8%.
