Panama vehicle sales continue climb

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DRIVERS hoping for relief from the daily traffic snarl, won’t be getting help from   the car dealer industry  as retail sales continue to climb.

The latest report from the Comptroller General ahows that of the Republic reveals that during the first half of 2016 vehicle sales grew 7.3% in Panama compared to the same period last year.

Between January and June 33,164 vehicles were sold.

The figures of the report are based on data supplied by the Panama  Association of Automobile Dealers of (ADAP).

The greatest growth in the sector came from  the sale of pickups, which increased 35.3% (5 111 units).Mini-bus sales also recorded an increase of 37.1% (872 units sold).

 

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