The Toyota Hilux holds an outstanding 12.4% share in January. The Panama new light vehicle market is solid in January at +9.6% to 4,845 units. Toyota (+0.3%) dominates at 22.8% share, distancing Kia (+14.6%) and Hyundai (+2.9%) at 13.9% and 13.8% respectively. Far below are Suzuki (+3.8%) at 5.2% and…
The Toyota Hilux has been the best-seller in Panama since 2021. Consult 15 years of Panama Historical Data here. The Panama new light vehicle market is up 12% year-on-year in 2025 to 60,233 units. Toyota (+2.8%) easily remains in the brands top spot but sees its share fall from 20.8%…
The Geely GX3 Pro ranks #7 in Panama in November. New light vehicle sales in Panama are up 10.8% year-on-year in November in what is traditionally the slowest month of the year at 4,255 units. The year-to-date tally is up 9.7% to 54,257 units. Toyota (+10.9%) matches the market but…
The Kaiyi KY7 ranks #6 in Panama in October. New light vehicle sales in Panama gain 15.7% year-on-year in October to 7,837 units, with the year-to-date tally standing at 50,599. Toyota (-0.2%) remains by far the most popular carmaker in the country but drops to 18.1% share vs. 19.2% so…
Jaecoo sales are up 1480% year-on-year in September. 4,651 new light vehicles found a buyer in Panama in September, with the year-to-date tally standing at 42,762. Toyota (+9.9%) remains by far the most popular carmaker but can only muster 16.9% share vs. 19.4% in the year through September. Kia (+17.5%)…
The Hyundai Grand i10 is the most popular vehicle in Panama in August. New light vehicle sales in Panama in August stand at 4,868 units, up 6.6% on last year. This way, the YTD tally is up 7.8% to 38,111. Toyota (+0.2%) is stable and easily holds onto the brands…
The Suzuki Jimny is the 4th best-selling vehicle in Panama in July. Panama is back on BSCB, and this is a new monthly update. July sales in the country stand at 4,995 units, up 9.4% year-on-year while the year-to-date tally is up 7.7% to 32,794. Toyota dominates the brands ranking…
The Forthing T5 Evo is up 76.7% in Panama in 2024 Full Year 2023 figures are also included in this update. New car sales in Panama gain 11.1% year-on-year in 2024 to 53,775 units. The Top 5 brands are unchanged on 2023 and all trail the market. Toyota (+7.7%) leads…
Toyota places four models in the Top 5, including the Rush. Full Year 2021 figures are also included in this update. The Panama new car market grows 10% year-on-year to 41,570 units. Toyota (+38%) surges to 25.6% share vs. 20.4% in 2021, while Hyundai (-6.8%) disappoints at 14.8% share vs.…
HiluxThe Toyota Hilux is the best-selling vehicle in Panama in 2020. Impacted by the COVID pandemic, the Panamian new car market loses half its value in 2020 at -49.9% to 23,834 on a revised 2019 tally without heavy commercial vehicles. Toyota (-46.6%) improves its share to 21.1% vs. 15.8% for…
The Hyundai Accent overtakes the Toyota Hilux in 2019. Discover a decade of Panama historical data here. New vehicle sales in Panama edge down -5.1% in 2019 to 47.579 units. Toyota (-10.2%) remains the most popular carmaker in the country at 19.8% share but Hyundai (+5.1%) is catching up, reducing…
The Hyundai Accent Sedan misses out on the Panama top spot for 28 sales. Rare data for Panama is available with some delay on BSCB. Over the First Half of 2019, new light vehicle sales in the country drop -7.8% to 23.520 units. Toyota remains the most popular carmaker in…
The new generation Toyota Rush is an instant success in Panama. New vehicle sales in Panama are down a steep 10.6% year-on-year in 2018 to add up to 50.889 units. All segments are down, but sedans drop the most at -18.8% to 17.524 vs. 21.590 in 2017, for the first…
Toyota remains the best-selling carmaker in Panama in 2016 and should also be #1 in 2017. * See the Top 28 best-selling brands in 2016 by clicking on the title * New vehicle sales in Panama are down a steep 14.7% year-on-year in 2017 to 56.905 units. The Instituto Nacional…
The Kia Rio is the most popular nameplate in Panama in 2015. * See the Top 10 best-selling models and Top 20 brands by clicking on the title * The Panama new car market is up 7% year-on-year in 2015 to a record 64.737 registrations, and if Toyota holds onto…