* See the Top 10 best-selling models by clicking on the title! Thanks Sandro *
For the first time in 18 months and thanks to Sandro I can share with you official data for Panama over the Full Year 2013. Better late than never as they say! The Panama new car market is up a very healthy 11% year-on-year in 2013 to 56,147 registrations. There is a new leader in both the brands and models rankings: Toyota is now the most popular carmaker in the country thanks to sales up 15% on 2012 to 11,936 and 21.3% share, overtaking Hyundai up just 7% to 11,831 units and 21.1% while Kia is up a massive 26% to round up the podium at 7,805 sales and 13.9%. Model-wise, the Toyota Hilux reigns supreme with 3,546 sales and 6.3% share ahead of the Hyundai Accent at 5.9% and the Toyota RAV4 at 4.8%.
Previous post: Panama January-August 2012: 3 Hyundais in Top 4, Accent #1
Full Year 2013 Top 10 models Ranking Table below.
* See the Top 10 best-selling models by clicking on the title! Many thanks to NismoBoy *
Over the first 8 months of 2012 and as it was already the case over the Full Year 2011, the most popular model in Panama is the Hyundai Accent with 2,168 sales, ahead of the Toyota Hilux at 1,658 units. #4 in 2011, the Hyundai Elantra jumps onto the Panama podium over the period thanks to 1,576 sales, kicking the Hyundai Tucson ix down to 4th place at 1,387 units. This means 3 of the Top 4 models in Panama are Hyundais like in 2011.
In fact the Koreans are slowly but surely taking control of the Panama new car market, with 6 representants in the Top 10 over the period. The Kia Rio is up to #5 with 1,159 sales, followed by the Honda CR-V, Toyota RAV4, Kia Picanto and Kia Sportage.
Previous year: Panama 2011: Hyundai Accent leads record market
Full 8 months 2012 Top 10 Ranking Table below.
* 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.
* See the Top 10 best-selling models by clicking on ‘Read more’ at end of post! *
The Toyota Hilux reclaims its top spot in Panama with 307 sales in August and 1,981 over the first 8 months of the year. The new generation Hyundai Elantra is up to #2 at 256 units and up to #4 year-to-date with 1,098 sales. #1 in July, the Hyundai Accent is down to #7 in August but stays #2 year-to-date at 1,733 units.
The Hyundai Tucson IX is solid in 3rd position in August (204 sales) and year-to-date (1,632). That’s 3 Hyundais in the 8 months 2011 Top 4 in Panama! The Toyota RAV4 is #5 year-to-date, followed by the Nissan Frontier, Kia Rio and Nissan Tiida, strong in August at #5.
Previous month: see the Panama July 2011 Top 10 best-selling models here.
Full August and 8 months 2011 Top 10 Ranking Tables below.
I only get to share the Panama models ranking a few times a year and this is one of them! Traditionally dominated by the Toyota Hilux, car sales in Panama have shifted towards the new generation Hyundai Accent, delivering 1,083 units over the last four months (L4M), compared to 981 for the Hilux which stays #1 year-to-date with 1,674 sales vs. 1,641 for the Accent.
The Hyundai Tucson IX (aka ix35) stays solid in 3rd place at 862 units in L4M, followed by the new generation Hyundai Elantra (538 sales), the Kia Rio (483) and the Toyota RAV4 (481). The Kia Picanto takes the 7th position at 385 sales.
Previous post: see the March 2011 Panama post here.
Full L4M and 7 months Top 10 Ranking Tables below.
After a very strong showing by the Hyundai Tucson IX late last year, the Toyota Hilux reclaims the title of best selling vehicle in Panama over the first 3 months of 2011 with 693 sales, 127 units above the Tucson.
The Hyundai Accent GL is stable in 3rd place, the Nissan Navara is up 4 spots at #4 with 386 sales, same as the Toyota RAV4, #5 with 383 sales. The Hyundai Elantra reappears in the Top 10 at #7.
Full Top 10 Ranking Table below.
Even though the Toyota Hilux is still #1 over 11 months 2010 at 2,046 sales, the Hyundai Tucson iX (aka ix35) delivers an outstanding performance over October/November 2010 with 789 units sold, ahead of the Hyundai Accent (540), the Hilux coming in 3rd over the period at 397 sales.
Full Top 10 Ranking table below.
The Toyota Hilux comfortably leads the Panama car sales year-to-September 2010 with 1,925 registrations. However, looking at the Last 3 Months ranking (L3M), two new Korean SUVs are gearing up beautifully and could be a threat to the Toyota’s throne in 2011.
The Hyundai Tucson IX (aka ix35) is already #2 YTD with 1,257 sales, but with 536 sales in L3M it is very close to the Hilux (547). The Kia Sportage broke into the Top 10 recently and already ranks 6th YTD with 893 sales, of which approximately 500 should have occurred in L3M, positioning it in a very strong 3rd place.
October models figures are still to come but Hyundai announced that it had sold the most amount of cars in a single month by any brand, with 1,409 Hyundai’s sold in October 2010 in Panama (see illustration below).
More commentaries and Full Top 10 Ranking Table below.