Panama November 2025: GAC (+104.8%), Geely (+62.4%) highlight market up 10.8%
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 has to contend with 17.2% share vs. 19.3% so far this year. Kia (-3.6%) goes against the positive market but climbs back to the 2nd spot it holds year-to-date, passing Hyundai (-35.8%) in a rut. The next seven carmakers are all in positive, 6 of them with double-digit gains. GAC Motors (+104.8%) fares the best at #10, followed by Geely (+62.4%) up to #4, Jetour (+57.6%), Nissan (+47.7%), Changan (+43.1%) now #9 YTD, and Mitsubishi (+19%). Only Suzuki (+1.6%) disappoints. Below, notice Dongfeng (+165.8%), Kaiyi (+93.9%) and BYD (+79.3%) in the remainder of the Top 20. Newcomer Soueast advances to #25.
Over in the models ranking, the Kia Soluto (+33.8%) is crowned the best-seller this month, followed by the Toyota Hilux (+17.3%) up two spots on October to #2 and last month’s leader the Hyundai Grand i10 (-24.7%). The Toyota Yaris Cross (+24.8%) is down one rank to #4 while the Kia Picanto (-24.5%) rounds out the Top 5. Strong performance by the Mitsubishi L200 (+32.1%) at #6 vs. #13 over the Full Year 2024. The Geely GX3 Pro scores its first Top 10 finish since we started following Panama a few months back and is joined by the Geely Coolray. The Changan CS35 Plus points its bonnet at #10.
Previous month: Panama October 2025: Kaiyi KY7 cracks Top 10
Previous year: Panama Full Year 2024: Toyota Hilux leads, Forthing T5 Evo up to #5
Full November 2025 Top 66 All brands and Top 10 models below.
Panama November 2025 – brands:
| Pos | Brand | Nov-25 | % | /24 | Oct | 1-11 2025 | % | /24 | Pos | FY24 |
| 1 | Toyota | 730 | 17.2% | + 10.9% | 1 | 10,453 | 19.3% | + 1.5% | 1 | 1 |
| 2 | Kia | 480 | 11.3% | – 3.6% | 3 | 6,981 | 12.9% | + 0.6% | 2 | 2 |
| 3 | Hyundai | 328 | 7.7% | – 35.8% | 2 | 6,420 | 11.8% | – 1.0% | 3 | 3 |
| 4 | Geely | 271 | 6.4% | + 62.3% | 5 | 2,859 | 5.3% | + 33.4% | 5 | 6 |
| 5 | Nissan | 195 | 4.6% | + 47.7% | 7 | 2,004 | 3.7% | – 9.9% | 6 | 5 |
| 6 | Mitsubishi | 194 | 4.6% | + 19.0% | 8 | 1,988 | 3.7% | – 2.7% | 7 | 7 |
| 7 | Suzuki | 190 | 4.5% | + 1.6% | 4 | 2,864 | 5.3% | + 14.4% | 4 | 4 |
| 8 | Changan | 186 | 4.4% | + 43.1% | 11 | 1,640 | 3.0% | + 3.9% | 9 | 8 |
| 9 | Jetour | 145 | 3.4% | + 57.6% | 6 | 1,863 | 3.4% | + 59.6% | 8 | 11 |
| 10 | GAC Motors | 129 | 3.0% | + 104.8% | 21 | 1,062 | 2.0% | + 4.0% | 14 | 14 |
| 11 | Isuzu | 113 | 2.7% | – 22.1% | 9 | 1,568 | 2.9% | + 10.4% | 10 | 9 |
| 12 | Dongfeng | 101 | 2.4% | + 165.8% | 17 | 781 | 1.4% | + 120.6% | 18 | 21 |
| 13 | Kaiyi | 95 | 2.2% | + 93.9% | 10 | 978 | 1.8% | + 283.5% | 16 | 26 |
| 14 | Chery | 94 | 2.2% | + 46.9% | 15 | 866 | 1.6% | + 81.9% | 17 | 18 |
| 15 | Forthing | 78 | 1.8% | – 18.8% | 16 | 1,130 | 2.1% | – 0.3% | 13 | 12 |
| 16 | Ford | 77 | 1.8% | – 14.4% | 12 | 1,209 | 2.2% | + 0.7% | 11 | 10 |
| 17 | Mazda | 71 | 1.7% | – 7.8% | 13 | 1,152 | 2.1% | + 17.1% | 12 | 15 |
| 18 | Honda | 67 | 1.6% | – 24.7% | 14 | 1,002 | 1.8% | – 11.2% | 15 | 13 |
| 19 | GWM | 54 | 1.3% | + 28.6% | 25 | 442 | 0.8% | + 33.9% | 23 | 22 |
| 20 | BYD | 52 | 1.2% | + 79.3% | 23 | 445 | 0.8% | + 108.9% | 22 | 27 |
| 21 | BMW | 51 | 1.2% | – 5.6% | 18 | 494 | 0.9% | + 4.0% | 20 | 17 |
| 22 | Chevrolet | 51 | 1.2% | + 34.2% | 20 | 696 | 1.3% | + 78.5% | 19 | 20 |
| 23 | MG | 45 | 1.1% | – 16.7% | 27 | 318 | 0.6% | – 26.0% | 24 | 19 |
| 24 | Lexus | 41 | 1.0% | – 32.8% | 22 | 462 | 0.9% | – 7.0% | 21 | 16 |
| 25 | Soueast | 38 | 0.9% | new | 26 | 250 | 0.5% | new | 30 | – |
| 26 | Subaru | 32 | 0.8% | + 18.5% | 28 | 308 | 0.6% | – 1.0% | 25 | 23 |
| 27 | Maxus | 27 | 0.6% | + 17.4% | 33 | 197 | 0.4% | + 36.8% | 33 | 35 |
| 28 | Audi | 25 | 0.6% | + 47.1% | 31 | 237 | 0.4% | + 16.7% | 32 | 32 |
| 29 | Omoda | 21 | 0.5% | + 50.0% | 24 | 261 | 0.5% | + 40.3% | 28 | 34 |
| 30 | JMC | 19 | 0.4% | + 58.3% | 30 | 304 | 0.6% | + 62.6% | 26 | 33 |
| 31 | JAC | 17 | 0.4% | + 70.0% | 35 | 194 | 0.4% | – 9.3% | 34 | 29 |
| 32 | Volkswagen | 17 | 0.4% | – 41.4% | 37 | 255 | 0.5% | – 19.6% | 29 | 24 |
| 33 | Mercedes | 16 | 0.4% | – 20.0% | 32 | 248 | 0.5% | + 23.4% | 31 | 31 |
| 34 | Foton | 13 | 0.3% | + 225.0% | 29 | 189 | 0.3% | + 4625.0% | 35 | 52 |
| 35 | Jaecoo | 10 | 0.2% | + 100.0% | 19 | 265 | 0.5% | + 327.4% | 27 | 43 |
| 36 | Acura | 9 | 0.2% | – 35.7% | 40 | 117 | 0.2% | – 4.9% | 41 | 39 |
| 37 | Land Rover | 9 | 0.2% | – 30.8% | 36 | 138 | 0.3% | + 7.8% | 38 | 38 |
| 38 | Ram | 9 | 0.2% | – 10.0% | 34 | 153 | 0.3% | + 6.3% | 36 | 36 |
| 39 | 212 | 7 | 0.2% | new | 44 | 32 | 0.1% | new | 54 | – |
| 40 | Lincoln | 7 | 0.2% | + 133.3% | 53 | 39 | 0.1% | + 50.0% | 50 | 46 |
| 41 | BAIC | 6 | 0.1% | n/a | – | 6 | 0.0% | n/a | 74 | – |
| 42 | Mini | 6 | 0.1% | – 14.3% | 41 | 86 | 0.2% | + 22.9% | 45 | 42 |
| 43 | Volvo | 6 | 0.1% | – 76.0% | 46 | 142 | 0.3% | – 53.0% | 37 | 25 |
| 44 | Bestune | 5 | 0.1% | – 73.7% | 45 | 122 | 0.2% | – 47.9% | 40 | 28 |
| 45 | Infiniti | 5 | 0.1% | + 25.0% | 51 | 49 | 0.1% | + 4.3% | 48 | 44 |
| 46 | Jeep | 5 | 0.1% | – 28.6% | 43 | 92 | 0.2% | – 19.3% | 43 | 40 |
| 47 | JIM | 5 | 0.1% | new | 60 | 7 | 0.0% | new | 69 | – |
| 48 | Karry | 5 | 0.1% | + 66.7% | 42 | 115 | 0.2% | – 47.0% | 42 | 30 |
| 49 | Lynk & Co | 5 | 0.1% | new | 38 | 86 | 0.2% | new | 46 | – |
| 50 | Tesla | 5 | 0.1% | n/a | 49 | 35 | 0.1% | + 66.7% | 51 | 50 |
| 51 | VGV | 5 | 0.1% | + 150.0% | 63 | 20 | 0.0% | – 47.4% | 58 | 48 |
| 52 | Fiat | 4 | 0.1% | + 33.3% | 50 | 56 | 0.1% | + 19.1% | 47 | 45 |
| 53 | ZX Auto | 4 | 0.1% | n/a | 61 | 35 | 0.1% | n/a | 52 | 74 |
| 54 | Porsche | 3 | 0.1% | – 70.0% | 39 | 134 | 0.2% | + 26.4% | 39 | 41 |
| 55 | Shineray | 3 | 0.1% | + 0.0% | 62 | 25 | 0.0% | + 4.2% | 57 | 49 |
| 56 | Xiaomi | 3 | 0.1% | new | 65 | 6 | 0.0% | new | 73 | – |
| 57 | Higer | 2 | 0.0% | n/a | 59 | 7 | 0.0% | + 250.0% | 68 | 70 |
| 58 | Peugeot | 2 | 0.0% | + 0.0% | 48 | 33 | 0.1% | – 17.5% | 53 | 47 |
| 59 | Renault | 2 | 0.0% | n/a | – | 12 | 0.0% | + 1100.0% | 61 | 73 |
| 60 | Xpeng | 2 | 0.0% | new | 54 | 11 | 0.0% | new | 63 | – |
| 61 | Cadillac | 1 | 0.0% | n/a | 55 | 27 | 0.0% | + 125.0% | 55 | 53 |
| 62 | Dodge | 1 | 0.0% | n/a | – | 1 | 0.0% | n/a | 87 | – |
| 63 | GMC | 1 | 0.0% | + 0.0% | 52 | 17 | 0.0% | + 325.0% | 60 | 62 |
| 64 | IM | 1 | 0.0% | – 66.7% | 64 | 10 | 0.0% | – 9.1% | 64 | 55 |
| 65 | Li Auto | 1 | 0.0% | new | – | 2 | 0.0% | new | 84 | – |
| 66 | Riddara | 1 | 0.0% | new | 56 | 26 | 0.0% | new | 56 | – |
Panama November 2025 – models:
| Pos | Model | Nov-25 | % | /24 | Oct |
| 1 | Kia Soluto | 194 | 4.6% | + 33.8% | 2 |
| 2 | Toyota Hilux | 190 | 4.5% | + 17.3% | 4 |
| 3 | Hyundai Grand i10 | 174 | 4.1% | – 24.7% | 1 |
| 4 | Toyota Yaris Cross | 151 | 3.5% | + 24.8% | 3 |
| 5 | Kia Picanto | 117 | 2.7% | – 24.5% | n/a |
| 6 | Mitsubishi L200 | 111 | 2.6% | + 32.1% | n/a |
| 7 | Geely GX3 Pro | 77 | 1.8% | n/a | n/a |
| 8 | Geely Coolray | 73 | 1.7% | n/a | 9 |
| 9 | Kia Seltos | 69 | 1.6% | n/a | 11 |
| 10 | Changan CS35 Plus | 69 | 1.6% | n/a | n/a |
Source: Manufacturers
