Una deuda que supera los $70 millones reclaman a las autoridades del Ministerio de Desarrollo Agropecuario (MIDA), los productores de arroz de la región...
- 20/03/2009 01:00
In February there was a 24 percent decrease with only 2,769 cars sold in comparison to the 3,044 sold a month before. Sales in January w...
In February there was a 24 percent decrease with only 2,769 cars sold in comparison to the 3,044 sold a month before. Sales in January were already down 28 percent.
The numbers gathered in February show it being the lowest in the last 12 months.
A record number of 43,239 cars for the automobile sector were sold during 2008 but, since November sales have been on a constant downturn.
The president of ADAP, Javier Diaz believes that it is not convenient for the market to maintain such high level growth, taking into account that Panama’s natural market rounds out to about 25 to 30 thousand cars per year.
The most affected are the luxury brands such as Mercedes Benz The brands with most demand in the country continues to be Toyota with a total of 654 cars sold in February, followed by Nissan.
Used car dealerships are also suffering. According to a leading used car salesman, sales have been falling for four years.
A good year for his business meant that 8 to 10 cars were sold a month. Since January 2009 they have sold only three cars.
ADAP predicts that the automobile market situation will level out in the second semester of 2010 when the banks facilitate access to credit and when the financial crisis begins to fade.
Lo Nuevo
