Peru New Vehicle Sales Jump 53.95 Pct Y/Y H1 2007

New vehicle sales in Peru jumped by 53.95 pct year-on-year to 22,753 units in the first half of 2007, the local automobile representatives' association Araper said on July 31, 2007.

Japanese Toyota (www.toyota.com) was the best selling vehicle brand in the country in the first six months of 2007 with a 26.2 pct share. Japanese Nissan (www.nissan.co.jp) ranked second with 11.7 pct, followed by South Korean Hyundai (www.hyundai-motor.com) with 9.1 pct, Japanese Suzuki (www.suzuki.co.jp) with 8.5 pct, Japanese Mitsubishi (www.mitsubishi.co.jp) with 5.9 pct and German Volkswagen (www.vw.com) with 5.2 pct.

A total 36 pct of the vehicles sold in the period corresponded to light cars, station wagons and multi-purpose vehicles. Light sport utility vehicles (SUVs) accounted for 19 pct of the total. Sales of commercial vehicles for cargo transport, including pick-ups and panel vans, accounted for 26 pct; and sales of commercial vehicles for passenger transport, including microbuses and minibuses, for 4.0 pct. Sales of trucks and trailers had a 12 pct share. Bus sales accounted for 3.0 pct.

In June 2007 alone, new vehicle sales in Peru totalled 4,451 units, soaring by 60.16 pct year-on-year, according to Araper data.

Publication: Business Digest
Provider: AII Data Processing Ltd.
Date: August 1, 2007

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