Panama March 2026: Market surges 42.5%, Jetour, Changan, Isuzu shine
Changan sales are up 85% year-on-year in March.
March volumes in Panama shoot up 42.5% year-on-year to 6,473, leading the Q1 2026 tally up 17.6% to 16,405. Toyota (+29.2%) leads the way in the brands ranking above Hyundai (+39.1%) and Kia (+32.3%). Suzuki (+18.4%) is slower but advances to #4 ahead of Jetour (+109.2%). Geely (-5.8%) drops to #6 while Changan (+85%), Isuzu (+79.5%) and Mitsubishi (+72.6%) all post fantastic gains.
Model-wise, the Top 5 is unchanged on February. The Hyundai Grand i10 (+56.6%) repeats at #1 ahead of the Kia Soluto (+75.6%), Toyota Hilux (+7.3%), Yaris Cross (+21.6%) and Hyundai Creta (+82.1%). The Isuzu D-Max climbs to #6, equal with the Toyota Prado (+58%).
Previous month: Panama February 2026: Chinese up 52.6%, Jetour X70 Plus inside Top 10
Previous year: Panama Full Year 2025: Toyota Hilux signs 5th straight win
Full March 2026 Top 67 All brands and Top 10 models below.
Panama March 2026 – brands:
| Pos | Brand | Mar-26 | % | /25 | Feb | 2026 | % | /25 | Pos | FY25 |
| 1 | Toyota | 1,291 | 19.9% | + 29.2% | 1 | 3,213 | 19.6% | + 0.8% | 1 | 1 |
| 2 | Hyundai | 807 | 12.5% | + 39.1% | 2 | 2,101 | 12.8% | + 20.3% | 2 | 3 |
| 3 | Kia | 786 | 12.1% | + 32.3% | 3 | 2,020 | 12.3% | + 2.0% | 3 | 2 |
| 4 | Suzuki | 322 | 5.0% | + 18.4% | 6 | 800 | 4.9% | + 18.5% | 5 | 5 |
| 5 | Jetour | 272 | 4.2% | + 109.2% | 5 | 747 | 4.6% | + 66.7% | 6 | 8 |
| 6 | Geely | 260 | 4.0% | – 5.8% | 4 | 804 | 4.9% | + 13.6% | 4 | 4 |
| 7 | Mitsubishi | 233 | 3.6% | + 72.6% | 8 | 531 | 3.2% | + 27.6% | 8 | 6 |
| 8 | Changan | 222 | 3.4% | + 85.0% | 7 | 537 | 3.3% | + 37.3% | 7 | 9 |
| 9 | Isuzu | 210 | 3.2% | + 79.5% | 9 | 446 | 2.7% | + 49.2% | 9 | 10 |
| 10 | Nissan | 161 | 2.5% | – 11.5% | 10 | 387 | 2.4% | – 18.9% | 10 | 7 |
| 11 | Mazda | 137 | 2.1% | + 38.4% | 13 | 350 | 2.1% | + 18.6% | 11 | 12 |
| 12 | GAC Motors | 130 | 2.0% | + 68.8% | 15 | 319 | 1.9% | + 41.8% | 15 | 14 |
| 13 | Kaiyi | 126 | 1.9% | + 231.6% | 16 | 336 | 2.0% | + 148.9% | 13 | 16 |
| 14 | Ford | 123 | 1.9% | + 26.8% | 11 | 311 | 1.9% | – 8.3% | 16 | 11 |
| 15 | Chery | 121 | 1.9% | + 142.0% | 14 | 335 | 2.0% | + 63.4% | 14 | 17 |
| 16 | Dongfeng | 117 | 1.8% | + 120.8% | 12 | 340 | 2.1% | + 137.8% | 12 | 18 |
| 17 | Forthing | 98 | 1.5% | + 8.9% | 18 | 230 | 1.4% | – 18.1% | 17 | 13 |
| 18 | Honda | 91 | 1.4% | + 33.8% | 20 | 227 | 1.4% | – 19.8% | 18 | 15 |
| 19 | Soueast | 89 | 1.4% | new | 21 | 196 | 1.2% | new | 20 | 29 |
| 20 | BMW | 75 | 1.2% | + 114.3% | 23 | 150 | 0.9% | + 41.5% | 23 | 20 |
| 21 | Jaecoo | 68 | 1.1% | + 385.7% | 17 | 211 | 1.3% | + 486.1% | 19 | 24 |
| 22 | Chevrolet | 67 | 1.0% | + 52.3% | 19 | 177 | 1.1% | + 53.9% | 21 | 19 |
| 23 | JAC | 58 | 0.9% | + 346.2% | 28 | 100 | 0.6% | + 212.5% | 26 | 34 |
| 24 | Lexus | 56 | 0.9% | + 60.0% | 22 | 156 | 1.0% | + 57.6% | 22 | 21 |
| 25 | BYD | 53 | 0.8% | + 15.2% | 24 | 122 | 0.7% | + 11.9% | 25 | 22 |
| 26 | GWM | 52 | 0.8% | + 108.0% | 25 | 135 | 0.8% | + 51.7% | 24 | 23 |
| 27 | Audi | 40 | 0.6% | + 166.7% | 26 | 93 | 0.6% | + 50.0% | 27 | 32 |
| 28 | Foton | 40 | 0.6% | + 150.0% | 27 | 80 | 0.5% | + 142.4% | 28 | 33 |
| 29 | Karry | 24 | 0.4% | + 140.0% | 41 | 36 | 0.2% | + 44.0% | 37 | 42 |
| 30 | Volkswagen | 23 | 0.4% | + 27.8% | 35 | 56 | 0.3% | – 41.7% | 30 | 28 |
| 31 | Subaru | 21 | 0.3% | – 36.4% | 32 | 52 | 0.3% | – 33.3% | 33 | 27 |
| 32 | Maxus | 20 | 0.3% | + 100.0% | 42 | 35 | 0.2% | – 12.5% | 38 | 35 |
| 33 | Mercedes | 18 | 0.3% | + 20.0% | 30 | 49 | 0.3% | – 23.4% | 34 | 31 |
| 34 | MG | 18 | 0.3% | + 50.0% | 31 | 54 | 0.3% | + 54.3% | 31 | 25 |
| 35 | JMC | 16 | 0.2% | – 23.8% | 29 | 45 | 0.3% | + 12.5% | 35 | 26 |
| 36 | Lynk & Co | 16 | 0.2% | + 433.3% | 33 | 56 | 0.3% | + 833.3% | 29 | 44 |
| 37 | Omoda | 16 | 0.2% | – 40.7% | 34 | 53 | 0.3% | – 27.4% | 32 | 30 |
| 38 | Ram | 16 | 0.2% | + 45.5% | 37 | 34 | 0.2% | – 2.9% | 39 | 36 |
| 39 | Porsche | 15 | 0.2% | + 25.0% | 45 | 37 | 0.2% | – 17.8% | 36 | 39 |
| 40 | Mini | 11 | 0.2% | + 83.3% | 43 | 23 | 0.1% | + 9.5% | 42 | 45 |
| 41 | Jeep | 10 | 0.2% | + 233.3% | 39 | 21 | 0.1% | – 4.5% | 43 | 43 |
| 42 | Renault | 9 | 0.1% | n/a | 40 | 24 | 0.1% | n/a | 41 | 61 |
| 43 | Land Rover | 8 | 0.1% | – 46.7% | 36 | 28 | 0.2% | – 30.0% | 40 | 37 |
| 44 | Shineray | 8 | 0.1% | n/a | 46 | 13 | 0.1% | + 550.0% | 49 | 57 |
| 45 | 212 | 7 | 0.1% | new | 49 | 17 | 0.1% | new | 45 | 50 |
| 46 | BAIC | 7 | 0.1% | n/a | 50 | 13 | 0.1% | n/a | 48 | 69 |
| 47 | Volvo | 6 | 0.1% | – 62.5% | 57 | 17 | 0.1% | – 65.3% | 46 | 38 |
| 48 | Acura | 5 | 0.1% | – 37.5% | 38 | 19 | 0.1% | – 44.1% | 44 | 40 |
| 49 | AITO | 5 | 0.1% | new | 59 | 6 | 0.0% | new | 59 | 73 |
| 50 | Bestune | 5 | 0.1% | – 50.0% | 47 | 16 | 0.1% | – 61.0% | 47 | 41 |
| 51 | Xiaomi | 5 | 0.1% | new | 48 | 9 | 0.1% | new | 54 | 72 |
| 52 | Rox | 4 | 0.1% | new | 58 | 6 | 0.0% | new | 60 | – |
| 53 | ZX Auto | 4 | 0.1% | n/a | – | 7 | 0.0% | + 250.0% | 58 | 54 |
| 54 | Farizon | 3 | 0.0% | n/a | 51 | 9 | 0.1% | + 350.0% | 52 | 65 |
| 55 | Fiat | 3 | 0.0% | – 62.5% | 52 | 10 | 0.1% | – 47.4% | 50 | 47 |
| 56 | Infiniti | 3 | 0.0% | – 66.7% | 54 | 9 | 0.1% | – 57.1% | 53 | 48 |
| 57 | JIM | 3 | 0.0% | new | – | 7 | 0.0% | new | 56 | 66 |
| 58 | Li Auto | 3 | 0.0% | new | – | 3 | 0.0% | new | 62 | 76 |
| 59 | Peugeot | 3 | 0.0% | + 0.0% | 56 | 7 | 0.0% | – 36.4% | 57 | 52 |
| 60 | Buick | 1 | 0.0% | – 50.0% | – | 1 | 0.0% | – 50.0% | 69 | 79 |
| 61 | Cadillac | 1 | 0.0% | – 50.0% | 61 | 2 | 0.0% | – 71.4% | 63 | 56 |
| 62 | Denza | 1 | 0.0% | new | – | 1 | 0.0% | new | 70 | 88 |
| 63 | Higer | 1 | 0.0% | n/a | 53 | 7 | 0.0% | + 250.0% | 55 | 70 |
| 64 | Tesla | 1 | 0.0% | – 50.0% | – | 1 | 0.0% | – 75.0% | 73 | 53 |
| 65 | Tourway | 1 | 0.0% | n/a | – | 1 | 0.0% | + 0.0% | 74 | 84 |
| 66 | Xpeng | 1 | 0.0% | n/a | – | 2 | 0.0% | – 33.3% | 67 | 64 |
| 67 | Zeekr | 1 | 0.0% | n/a | – | 1 | 0.0% | n/a | 76 | – |
Panama March 2026 – models:
| Pos | Model | Mar-26 | % | /25 | Feb | 2026 | % | /25 | Pos | FY25 |
| 1 | Hyundai Grand i10 | 357 | 5.5% | + 56.6% | 1 | 867 | 5.3% | + 37.4% | 2 | 2 |
| 2 | Kia Soluto | 346 | 5.3% | + 75.6% | 2 | 810 | 4.9% | + 27.2% | 3 | 3 |
| 3 | Toyota Hilux | 293 | 4.5% | + 7.3% | 3 | 1,084 | 6.6% | + 29.4% | 1 | 1 |
| 4 | Toyota Yaris Cross | 236 | 3.6% | + 21.6% | 4 | 674 | 4.1% | + 6.1% | 4 | 4 |
| 5 | Hyundai Creta | 153 | 2.4% | + 82.1% | 5 | 400 | 2.4% | + 29.9% | 5 | 6 |
| 6 | Isuzu D-Max | 139 | 2.1% | n/a | n/a | n/a | n/a | n/a | n/a | 10 |
| 7 | Toyota Prado | 139 | 2.1% | + 58.0% | n/a | n/a | n/a | n/a | n/a | 18 |
| 8 | Kia Picanto | 135 | 2.1% | + 31.1% | n/a | n/a | n/a | n/a | n/a | 5 |
| 9 | Toyota RAV4 | 124 | 1.9% | + 24.0% | n/a | n/a | n/a | n/a | n/a | 7 |
| 10 | Mitsubishi L200 | 120 | 1.9% | n/a | 11 | n/a | n/a | n/a | n/a | 13 |
Source: ADAP
