Panama May 2026: Changan reaches record 4th place in solid market

Changan holds 4.9% of the Panamanian market in May.

4,972 new light vehicles found a buyer in Panama in May, a solid 7.4% year-on-year improvement. The year-to-date tally is up an even better +12.7% to 26,689. Toyota (-10.5%) stays ahead in the brands charts despite a painful YoY drop. Kia (+41.7%) overtakes sister brand Hyundai (-1.3%) for 2nd place while Changan (+125.7%) surges to #4, the brands’s first incursion inside the Panamanian Top 5. Suzuki (+13.5%) and Geely (-3.8%) follow. Below, Jaecoo (+288.9%), Soueast (+214.3%), Volkswagen (+171.4%), Dongfeng (+61.8%) and Jetour (+25.4%) stand out.

Model-wise, the Hyundai Grand i10 (+43.9%) scores a 4th straight win, but once again this is not enough to dislodge the Toyota Hilux (-15.5%) from the YTD top spot as the latter had scored a phenomenal January result (12.4% share). The Kia Soluto (+113.3%) more than doubles its year-ago volume to stay at #2, with the Toyota Yaris Cross (+28.6%) and Isuzu D-Max (+29%) rounding out the Top 5. Illustrating its record performance, Changan places the CS35 Plus at #6 and the Alsvin V3 at #10.

Previous month: Panama April 2026: Kaiyi, Changan, Dongfeng most impressive

Previous year: Panama Full Year 2025: Toyota Hilux signs 5th straight win

Full May 2026 Top 64 All brands and Top 10 models below.