Key nations for vehicle fleet markets
When analyzing the vehicle fleet market in Central America, among the key countries to consider are Guatemala, Costa Rica, and Panama.
This is mainly due to the size of their car parks. While Guatemala is home to some 3.76 million vehicles (one vehicle per 4.5 inhabitants), Costa Rica has about 1.5 million vehicles (one in four), and Panama some 1.22 million(one in three inhabitants). Basically all are imported, Global Fleet reports.