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Honduras 2020. Nissan holds 21.4% share in a market steadily down 24.8%

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Bermuda 2020. Kia’s leadership is reinforced in a market still down 27.8%

Bermuda vehicles market in 2020 is still recovering slowly from the drop experienced in Q2 and July. Indeed, in September 102 units were sold (-14.3%), leading Year to Date sales at 773 units (-27.8%). Kia holds 27.3% share, followed in the distance by Toyota (15.9%). Economic Environment As with most islands, the major turning point […]

Guatemala 2020. Vehicle Market recovers and grows 7.5% while Toyota dominates

Guatemala vehicles market in 2020 reported a sharp drop in sales in Q2, but has recovered effectively in the last month despite COVID-19 infections remaining stable. Indeed, 2.193 units have been sold in September (+7.5%), leading Year to Date sales at 15.086 units (-18.5%).  Economic Environment The economy likely remained in the doldrums in Q3 amid […]

Dominican Republic 2020. Hyundai holds 20% share of market still down almost 50%

Dominican Republic Vehicles market in 2020 is crippled and is still having difficulty to recover even though infections in the country have been decreasing slowly. Indeed, 1.097 units have been sold in September (-37.2%), leading Year to Date sales at 8.334 units (-47%). The leader Hyundai holds 20% market share. Economic Environment The economy contracted […]

Panama 2020. Car sales down 20% after 9 months

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Panama 2020. Market still down 19.9% Year to Date in September as cases in the country remain high

Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */table.MsoNormalTable{mso-style-name:”Tabella normale”;mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-priority:99;mso-style-parent:””;mso-padding-alt:0cm 5.4pt 0cm 5.4pt;mso-para-margin-top:0cm;mso-para-margin-right:0cm;mso-para-margin-bottom:10.0pt;mso-para-margin-left:0cm;line-height:115%;mso-pagination:widow-orphan;font-size:11.0pt;font-family:”Calibri”,”sans-serif”;mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin;} Panama vehicles sales in 2020 plummeted as soon as COVID-19 hit the country, and still haven’t recovered effectively yet. Indeed, 1.341 units have been sold in September (-28.8%), leading Year to Date sales at 13.592 units (-19.9%). All brands report […]