Wikifleet update: Bolivia car market makes comeback, Paraguay lags
By Daniel Bland - October 26, 2021 (Twitter?@DanielBlandBiz)?GlobalFleet.com-FleetLatAm.com
Despite the lacks in?semiconductor supplies?still impacting the automobile market, the world is gradually ridding itself of the COVID-19 pandemic and some automobile markets are showing a recovery, among them being Bolivia.?
While automobile sales in 2020 dropped 17.9% year-over-year to 24,537 units in the country, sales in the first quarter of 2021 rose 33% to 8,126 units. The trend continued in the second quarter with sales up 123% to 8,898 units and this was due to the extremely low performance in 2Q20.
As of brands, Suzuki led sales in August 2021 with a 94.7% jump year-over-year, followed by Nissan (+ 123%) and Renault (+15.1%), according to?Wikifleet Bolivia. Toyota is also popular in the country.
However, the same comeback is not occurring in the neighboring country of Paraguay. See more here...