Record Sales of New Cars Projected
Sales of new cars at the end of 2012 in Nicaragua will total over 12,000 units.
Tuesday, July 31, 2012
Data published by the Central Bank of Nicaragua (BCN) indicates that during the first five months of the year imports of sedans, vans, minibuses, trucks and ATV’s have gone up relative to previous years, surpassing even the 2008 statistics.
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In the first quarter of the year new car sales have grown by 21% compared to the same period in 2010.
New car sales grew by just 5.6% in the first half of the year, well below the 14.8% increase achieved in the same period in 2013.
After 2013 recorded a decrease of 3.4% compared to 2012, sales of new and used cars from January to September this year increased by 6% compared to the same period last year.
34,000 new cars came into the country in 2014, the highest figure in the last ten years, leaving used cars imports far behind, having registered a total of 18,000 units.
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