Sharp Increase in New Car Sales in Peru

(LIP-ir) — The Peruvian Association of Automotive Dealers (ARAPER) reported today that there was a sharp increase in the sale of new cars in 2007.

With a total of 45,508 vehicles sold from January to November 2007, a whopping 54.5 percent increase was reported when compared to the same period in 2006, when 29,455 new cars were sold.

The most popular make sold during the first 11 months of 2007 was Toyota, with 12,170 units (26.7 percent) sold.

Nissan followed with 4,951 units (10.9 percent) and Hyundai was close behind with 4,153 units (9.1 percent). Suzuki, with 3,821 units (8.4 percent) sold and Mitsubishi, with 2,623 units (5.8 percent) sold were also popular.

25,048 multi-purpose vehicles and sport utility vehicles were purchased, accounting for 55 percent of the new cars sold.

With 13,334 sales, vans and pick-up trucks accounted for 29 percent of purchases while 16 percent of sales were due to the purchase of buses, trucks and tractors.

It was reported that in November 2007 alone, 5,053 new cars were sold, registering a 43.7 percent increase when compared to the 3,517 cars sold in November 2006.

News source: ANDINA