Panama February 2026: Chinese up 52.6%, Jetour X70 Plus inside Top 10
First Top 10 finish for the Jetour X70 Plus in Panama
New light vehicle sales in Panama progress 2% year-on-year in February to 5,087 units, leading to a year-to-date tally up 5.6% to 9,932. Toyota (-25%) remains the dominant force in the market despite freefalling year-on-year to 16% share vs. 19.4% so far in 2026. In contrast Hyundai (+21%) shoots up in 2nd place, overtaking Kia (-29.8%), in a rut. The Chinese are on a mission this month, with Jetour up 92.3%, Geely up 48.9%, Changan up 42.2% inside the Top 10 and Dongfeng (+100%), Jaecoo (+400%) and Kaiyi (+50.9%). All in all, Chinese manufacturers (32 selling at least one unit in February) see their sales jump 52.6% to 33.5% share vs. 22.4% a year ago in February 2025.
Model-wise, the Hyundai Grand i10 (+56.4%) takes the lead for the first time since last October, distancing the Kia Soluto (-38%) and Toyota Hilux (-29.2%). After hitting 12.4% share in January, the latter remains in the YTD top spot. The Hyundai Creta (+22.8%) is the only additional Top 5 model in positive. Meanwhile the Jetour X70 Plus cracks the Top 10 for the first time, landing directly at #6, with the Geely Coolray and GX3 Pro also making an appearance.
Previous month: Panama January 2026: Toyota Hilux up to 12.4% share
Previous year: Panama Full Year 2025: Toyota Hilux signs 5th straight win
Full February 2026 Top 63 All brands and Top 10 models below.
Panama February 2026 – brands:
| Pos | Brand | Feb-26 | % | /25 | Jan | 2026 | % | /25 | Pos | FY25 |
| 1 | Toyota | 815 | 16.0% | – 25.0% | 1 | 1,922 | 19.4% | – 12.2% | 1 | 1 |
| 2 | Hyundai | 627 | 12.3% | + 21.0% | 3 | 1,294 | 13.0% | + 11.0% | 2 | 3 |
| 3 | Kia | 560 | 11.0% | – 29.8% | 2 | 1,234 | 12.4% | – 11.0% | 3 | 2 |
| 4 | Geely | 329 | 6.5% | + 48.9% | 5 | 544 | 5.5% | + 25.9% | 4 | 4 |
| 5 | Jetour | 325 | 6.4% | + 92.3% | 6 | 475 | 4.8% | + 49.4% | 6 | 8 |
| 6 | Suzuki | 224 | 4.4% | + 1.8% | 4 | 478 | 4.8% | + 18.6% | 5 | 5 |
| 7 | Changan | 209 | 4.1% | + 42.2% | 11 | 315 | 3.2% | + 16.2% | 7 | 9 |
| 8 | Mitsubishi | 192 | 3.8% | + 19.3% | 12 | 298 | 3.0% | + 6.0% | 8 | 6 |
| 9 | Isuzu | 157 | 3.1% | + 14.6% | 16 | 236 | 2.4% | + 29.7% | 9 | 10 |
| 10 | Nissan | 130 | 2.6% | – 34.0% | 13 | 226 | 2.3% | – 23.4% | 10 | 7 |
| 11 | Ford | 109 | 2.1% | – 20.4% | 15 | 188 | 1.9% | – 22.3% | 16 | 11 |
| 12 | Dongfeng | 108 | 2.1% | + 100.0% | 9 | 223 | 2.2% | + 147.8% | 11 | 18 |
| 13 | Mazda | 103 | 2.0% | + 1.0% | 10 | 213 | 2.1% | + 8.7% | 13 | 12 |
| 14 | Chery | 98 | 1.9% | + 30.7% | 8 | 214 | 2.2% | + 38.1% | 12 | 17 |
| 15 | GAC Motors | 98 | 1.9% | + 14.0% | 14 | 189 | 1.9% | + 27.7% | 15 | 14 |
| 16 | Kaiyi | 86 | 1.7% | + 50.9% | 7 | 210 | 2.1% | + 116.5% | 14 | 16 |
| 17 | Jaecoo | 80 | 1.6% | + 400.0% | 18 | 143 | 1.4% | + 550.0% | 17 | 24 |
| 18 | Forthing | 71 | 1.4% | – 29.0% | 19 | 132 | 1.3% | – 30.9% | 19 | 13 |
| 19 | Chevrolet | 69 | 1.4% | + 68.3% | 23 | 110 | 1.1% | + 54.9% | 20 | 19 |
| 20 | Honda | 69 | 1.4% | – 32.4% | 17 | 136 | 1.4% | – 36.7% | 18 | 15 |
| 21 | Soueast | 57 | 1.1% | new | 21 | 107 | 1.1% | new | 21 | 29 |
| 22 | Lexus | 48 | 0.9% | + 60.0% | 20 | 100 | 1.0% | + 56.3% | 22 | 21 |
| 23 | BMW | 45 | 0.9% | + 32.4% | 25 | 75 | 0.8% | + 5.6% | 24 | 20 |
| 24 | BYD | 38 | 0.7% | + 31.0% | 24 | 69 | 0.7% | + 9.5% | 25 | 22 |
| 25 | GWM | 34 | 0.7% | + 25.9% | 22 | 83 | 0.8% | + 29.7% | 23 | 23 |
| 26 | Audi | 30 | 0.6% | + 36.4% | 26 | 53 | 0.5% | + 12.8% | 26 | 32 |
| 27 | Foton | 25 | 0.5% | + 150.0% | 33 | 40 | 0.4% | + 135.3% | 29 | 33 |
| 28 | JAC | 23 | 0.5% | + 155.6% | 29 | 42 | 0.4% | + 121.1% | 27 | 34 |
| 29 | JMC | 21 | 0.4% | + 110.0% | 36 | 29 | 0.3% | + 52.6% | 35 | 26 |
| 30 | Mercedes | 21 | 0.4% | – 16.0% | 35 | 31 | 0.3% | – 36.7% | 34 | 31 |
| 31 | MG | 19 | 0.4% | + 46.2% | 31 | 36 | 0.4% | + 56.5% | 31 | 25 |
| 32 | Subaru | 19 | 0.4% | – 13.6% | 34 | 31 | 0.3% | – 31.1% | 33 | 27 |
| 33 | Lynk & Co | 17 | 0.3% | + 466.7% | 27 | 40 | 0.4% | + 1233.3% | 28 | 44 |
| 34 | Omoda | 15 | 0.3% | – 48.3% | 28 | 37 | 0.4% | – 19.6% | 30 | 30 |
| 35 | Volkswagen | 15 | 0.3% | – 74.1% | 30 | 33 | 0.3% | – 57.7% | 32 | 28 |
| 36 | Land Rover | 14 | 0.3% | + 0.0% | 43 | 20 | 0.2% | – 20.0% | 37 | 37 |
| 37 | Ram | 14 | 0.3% | + 16.7% | 48 | 18 | 0.2% | – 25.0% | 38 | 36 |
| 38 | Acura | 8 | 0.2% | – 42.9% | 42 | 14 | 0.1% | – 46.2% | 41 | 40 |
| 39 | Jeep | 8 | 0.2% | – 33.3% | 53 | 11 | 0.1% | – 42.1% | 46 | 43 |
| 40 | Renault | 8 | 0.2% | n/a | 41 | 15 | 0.2% | n/a | 40 | 61 |
| 41 | Karry | 7 | 0.1% | + 75.0% | 44 | 12 | 0.1% | – 20.0% | 42 | 42 |
| 42 | Maxus | 7 | 0.1% | – 46.2% | 37 | 15 | 0.2% | – 50.0% | 39 | 35 |
| 43 | Mini | 7 | 0.1% | – 22.2% | 45 | 12 | 0.1% | – 20.0% | 43 | 45 |
| 44 | Wuling | 7 | 0.1% | n/a | 54 | 10 | 0.1% | n/a | 48 | 85 |
| 45 | Porsche | 5 | 0.1% | – 54.5% | 32 | 22 | 0.2% | – 33.3% | 36 | 39 |
| 46 | Shineray | 5 | 0.1% | + 400.0% | 5 | 0.1% | + 150.0% | 54 | 57 | |
| 47 | Bestune | 4 | 0.1% | – 71.4% | 40 | 11 | 0.1% | – 64.5% | 45 | 41 |
| 48 | Xiaomi | 4 | 0.1% | new | 4 | 0.0% | new | 58 | 72 | |
| 49 | 212 | 3 | 0.1% | new | 39 | 10 | 0.1% | new | 47 | 50 |
| 50 | BAIC | 3 | 0.1% | new | 49 | 6 | 0.1% | new | 50 | 69 |
| 51 | Farizon | 3 | 0.1% | + 50.0% | 50 | 6 | 0.1% | + 200.0% | 51 | 65 |
| 52 | Fiat | 3 | 0.1% | – 62.5% | 46 | 7 | 0.1% | – 36.4% | 49 | 47 |
| 53 | Higer | 3 | 0.1% | + 200.0% | 51 | 6 | 0.1% | + 200.0% | 52 | 70 |
| 54 | Infiniti | 3 | 0.1% | – 62.5% | 52 | 6 | 0.1% | – 50.0% | 53 | 48 |
| 55 | Lincoln | 3 | 0.1% | – 62.5% | 59 | 4 | 0.0% | – 63.6% | 56 | 51 |
| 56 | Peugeot | 3 | 0.1% | + 50.0% | 61 | 4 | 0.0% | – 50.0% | 57 | 52 |
| 57 | Volvo | 3 | 0.1% | – 83.3% | 38 | 11 | 0.1% | – 66.7% | 44 | 38 |
| 58 | Rox | 2 | 0.0% | new | – | 2 | 0.0% | new | 63 | – |
| 59 | AITO | 1 | 0.0% | new | – | 1 | 0.0% | new | 67 | 73 |
| 60 | Arcfox | 1 | 0.0% | new | – | 1 | 0.0% | new | 69 | – |
| 61 | Cadillac | 1 | 0.0% | – 66.7% | – | 1 | 0.0% | – 80.0% | 68 | 56 |
| 62 | Lotus | 1 | 0.0% | – 50.0% | 60 | 2 | 0.0% | + 0.0% | 62 | 67 |
| 63 | NIO | 1 | 0.0% | new | – | 1 | 0.0% | new | 70 | – |
Panama February 2026 – models:
| Pos | Model | Feb-26 | % | /25 | Jan | 2026 | % | /25 | Pos | FY25 |
| 1 | Hyundai Grand i10 | 294 | 5.8% | + 56.4% | 4 | 510 | 5.1% | + 26.6% | 2 | 2 |
| 2 | Kia Soluto | 217 | 4.3% | – 38.0% | 3 | 464 | 4.7% | + 5.5% | 3 | 3 |
| 3 | Toyota Hilux | 192 | 3.8% | – 29.2% | 1 | 791 | 8.0% | + 40.0% | 1 | 1 |
| 4 | Toyota Yaris Cross | 163 | 3.2% | – 16.0% | 2 | 438 | 4.4% | – 0.7% | 4 | 4 |
| 5 | Hyundai Creta | 124 | 2.4% | + 22.8% | 5 | 247 | 2.5% | + 10.3% | 5 | 6 |
| 6 | Jetour X70 Plus | 116 | 2.3% | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| 7 | Geely Coolray | 109 | 2.1% | n/a | n/a | n/a | n/a | n/a | n/a | 12 |
| 8 | Geely GX3 Pro | 104 | 2.0% | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| 9 | Toyota Yaris | 100 | 2.0% | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| 10 | Changan CS35 Plus | 98 | 1.9% | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| 11 | Mitsubishi L200 | 98 | 1.9% | n/a | n/a | n/a | n/a | n/a | n/a | 13 |
Source: ADAP
