Vehicle Sales Rebound in March

 
779Views 0Comments Posted 06/05/2021

After several months of reporting year-on-year declines in the number of vehicles sold in Panama, during the third month of the year an increase of 93% was recorded.

The Comptroller General's Office reported that between March 2020 and the same month of 2021, the number of new units registered in the country increased 93%, going from 2,099 to 4,057.

From January to March 2021, sales of regular car-type vehicles reported a 22% decrease compared to the same period in 2020, dropping from 3,280 to 2,561 units, and sales of Pick Ups registered a 1% rise, going from 1,350 to 1,365 units.