Panama 1st Half 2015: Hilux #1, Hyundai catching up on Toyota

The Toyota Hilux remains the best-selling vehicle in Panama so far in 2015.

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

New car sales in Panama are up a healthy 9% over the First Half of 2015 to 36.263 registrations, and on track to break the 60.000 annual unit-barrier for the 2nd consecutive year. Toyota is once again the most popular carmaker in the country, however its advantage over #2 Hyundai has thinned from almost 7 percentage points a year ago (24.2% share vs. 17.5%) to just 2.4 points so far in 2015. Toyota now holds just 20.4% of the Panamanian market due to sales down 8% while Hyundai is at 18% thanks to deliveries up 13% year-on-year. Kia and Nissan follow, both improving by 15% with Suzuki, up a spectacular 43%, overtakes Honda to round up the Top 5. Isuzu (+21%) and Mitsubishi (+17%) also shine in the Top 10. Model-wise, the Toyota Hilux remains the most popular nameplate in the country, followed by the Kia Rio and Picanto while the Hyundai Elantra re-appears inside the Top 10 at #8.

Previous post: Panama Full Year 2014: Toyota Hilux leads, Yaris shoots up

Full H1 2015 Top 10 brands and models below.