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Panama car sales continue plunge amid economic downturn

Monday, November 6, 2017

Vehicle sales in Panama continue to plummet, down  13.3 percent in the first nine months of the year with little sign that the picture  will change by year end in spite of   a rash of special “deals”.

Until September, 42,514  that’s down from  49,059 in the same period last year and 46,041 in 2015.

One of the reasons to for the reduction is said to be the overall slowdown in Panama’s economic growth.

Source: Newsroom Panama