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.