Paraguay 2016. Market dropped albeit strong economy

0
denmark 2 .csv

Paraguay Auto Market 2016 dropped for the second year in a row albeit the country small economy proved resilient to the economic downturns in neighboring big countries. Hyundai advanced booming sales thanks to the Tucson.

In 2016, Paraguay’s small economy proved resilient to the economic downturns in neighboring Argentina and Brazil, both important trade and investment partners. The Central Bank estimates GDP to have grown 4.0%, a solid acceleration from the 3.1% growth recorded in 2015. Domestic demand benefited from strong public investment in infrastructure, which is also likely to have spilled over to private investment. On the external front, exports grew robustly, supported by the weakness of the Guarani against the Brazilian real and boosting the attractiveness of Paraguayan goods.

Despite the favorable external environment, the domestic automotive industry struggled and the light vehicles sales fell at the lowest since 2009.

Indeed, as reported by the local Automotive Manufacturers Association, in the 2016 sales had been 20.802, down 15.3%, after the over 20% lost in the previous year.

Kia kept the leadership with sales down 19.7%, followed by Hyundai (+39.1% thanks to the new Tucson), Toyota (-3.1%), Volkswagen (-3.9%) and Chevrolet (-45.7%).

As far as best-selling models ranking, the leader was again the pick up Toyota Hilux with 2.138 sales (+2.7%) ahead of the Kia Picanto with 1.217 (+12.9%) and the Kia Rio with 1.192 sales (-27.3%).

Below, you can sort our interactive tables to see data regarding Brands and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will report year to date data updated.

Rank 2016Rank 2015BRANDSales 2016Sales 2015Variation 2016Share 2016Share 2015
11Kia4.2965.349-19,7%20,7%21,8%
23Hyundai3.5072.52139,1%16,9%10,3%
32Toyota3.0793.178-3,1%14,8%12,9%
45Volkswagen1.3481.402-3,9%6,5%5,7%
54Chevrolet1.3062.403-45,7%6,3%9,8%
67Nissan7681.050-26,9%3,7%4,3%
712Ford59743836,3%2,9%1,8%
814Jeep59538455,1%2,9%1,6%
99Isuzu580787-26,3%2,8%3,2%
108Suzuki570792-28,0%2,7%3,2%
1111Mercedes391453-13,6%1,9%1,8%
1210ChangAn370544-31,9%1,8%2,2%
1319BMW31417282,6%1,5%0,7%
146Fiat3041.181-74,3%1,5%4,8%
1529Mazda29584253,0%1,4%0,3%
1613Mitsubishi275399-31,0%1,3%1,6%
1727Chery21695126,6%1,0%0,4%
1816Renault189350-46,0%0,9%1,4%
1917Audi185247-25,0%0,9%1,0%
2015SsangYong177357-50,4%0,9%1,5%

Rank 2016Rank 2015ModelSales 2016Sales 2015Variation
11Toyota Hilux2.1382.0832,7%
23Kia Picanto1.2171.07812,9%
32Kia Rio1.1921.641-27,3%
49Hyundai Tucson99674433,8%
55Kia Sportage903977-7,6%
67Nissan Frontier574793-27,6%
710Chevrolet S10560698-19,8%
88Isuzu Pick-up549786-30,1%
915Volkswagen Gol53045616,3%
104Hyundai Accent505987-48,8%
1120Hyundai i1049340820,8%
12Hyundai HB20426
1322Volkswagen Amarok3913608,6%
14Jeep Renegade368
156Chevrolet Tracker360864-58,4%