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Panama's new car sales bonanza is history

Thursday, May 10, 2018

New car sales in Panama continue to plunge with a drop of 11.3 percent in the first quarter of the year, compared to 2017 which was the worst year for the industry in five years and could help explain why two major dealerships have been sold to foreign companies.

This year 12,617 units were sold compared to 14,230 in the same period of 2017.

Source: Newsroom Panama