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.
Jamaica 2020. Toyota holds over 30% share in a growing market (+5.9%)
Jamaica's vehicles market grows despite the global pandemic affecting sales in almost every market. Indeed, Full Year 2020 sales have been 7.601, up 5.9% compared to 2019. Toyota remains the undiscussed leader holding 31.9% of market share.
Cuba 2021. Kia Keeps Chasing Peugeot’s Leadership In Market Rising 41.6%
Cuba's auto market in 2021 rises by 41.6% with 2,209 sales, reporting positive performance all year except for Q4. Peugeot remains the market leader, while Kia chases the throne.
Jamaica 2014. Light vehicles stable over 5.000
Jamaica Light Vehicle Market reported a shy 2014 with sales fell from the previous year standing an almost low-level. The market is penalized by heavy duties on high power engines. Toyota was market leader with share close to 20 percent.
Cuba 2020. Market halved (-48.3%), while Peugeot remains in leadership
Cuban vehicles market falls due to the global pandemic affecting sales. Indeed, Full Year 2020 sales have been 1.560, down 48.3% compared to 2019. The market registers the second year in a row of severe double-digit drops in sales.
Puerto Rico 2017. Customers dislike american models
Puerto Rico Vehicle Market in the 2017 was hit by the devastating hurricanes Maria and Irma effects and by the weak US investment in the emergency disaster funds. Toyota is near 30% of market share and customers dislike American products.
El Salvador 2016. New vehicles just near 25% of total import
El Salvador auto market in the 2016 was still dominated by pre owned vehicles, which counted near 75% of all imported vehicles in the market. New vehicles are stable but a new legislations expected this year can change the perspectives.
Guatemala 2014. New vehicles market hits the 10th consecutive sales record
In 2014 Guatemala Car Market hit the 10th consecutive record year as the market benefit from a stable steady economic growth. The new vehicle domestic market leader is Toyota.
El Salvador 2018. Car market up a moderate 6.8%
El Salvador vehicles market in 2018 started recovering, after the 2017's awful performance. Indeed, the year ended with sales at 9.379, up 6.8%.
Guadeloupe 2019. Renault is the new leader in market up 9.6%
Guadeloupe grows for the second year in a row. Indeed, Full Year 2019 sales have been 19.206, up 9.6% compared to 2018. Renault (+19%) overtakes the former leader and gains the market throne, holding 23.9% share.
