Panama Full Year 2011: Hyundai Accent leads record market

Hyundai Accent

* See the Top 5 best-selling models and Top 10 best-selling brands by clicking on the title! *

Better late than never, I can now share with you Full Year 2011 data for Panama, bringing to 71 the number of countries with official Full Year 2011 data on this blog! (see them all by clicking on the link here) New car sales in Panama reached their record level in 2011 at 46,644 registrations. In the brand ranking, Toyota leads the way for the 28th consecutive year with 9,797 sales and 21% share, albeit only 160 units above Hyundai, #2 with 20.7% share, and had Hyundai not had supply issues this year it would have been a clear leader.

The Hyundai Accent passes the Toyota Hilux to become Panama’s best-selling model with 3,573 sales and 7.7% market share with the Hilux at #2 with 3,040 units and 6.5%. This means the Toyota Hilux is now #1 in an estimated 34 countries around the globe in 2011 (see the detail here). The Hyundai Tucson IX rounds up the podium with 2,544 sales, followed by another Hyundai, the Elantra at 1,848 units and the Toyota RAV4 with 1,629 sales.

Previous post: Panama August 2011: Toyota Hilux resists, Hyundai Elantra #2

Full Year 2011 Top 5 Ranking Table below.