Changan delivers the biggest YoY gain in the Top 10.
The Panamanian new light vehicle market is stable in August at +0.06% year-on-year to 4,871 units. This leads to a year-to-date tally up 8.3% to 41,258. Toyota (+0.3%) follows the market at 19.1% share, well above the 17.8% it commands year-to-date. Hyundai (+25%) once again impresses and climbs to 13.2% share vs. 12.6% so far this year but Kia (-15.6%) is in dire straits at #3. Changan (+36.9%) and Dongfeng (+29.3%) are the biggest gainers in the Top 10, with Isuzu (+5.5%) also in positive and Nissan stable. Further down, notice BYD (+141.9%), Soueast (+125%), Volkswagen (+108.3%) and Jaecoo (+86.4%).
Model-wise, the Hyundai Grand i10 (+18.1%) lodges a stunning 7th straight month at #1, distancing the Kia Soluto (+3.5%). Leader last year, the Toyota Hilux (+1.2%) is stuck in third place and ranks #2 year-to-date. The Toyota Yaris Cross (+28.7%) follows ahead of the Isuzu D-Max (+22.3%). The Suzuki Jimny (#9) and Toyota Prado (#10) are back inside the Top 10, the latter for the first time since last March.
Previous month: Panama July 2026: Isuzu (+54.7%), Changan (+47.2%), Hyundai (+40.4%) stand out
One year ago: Panama August 2025: Hyundai Grand i10 best-seller in market up 6.6%
Full August 2026 Top 63 All brands and Top 10 models below.
Panama August 2026 – brands:
| Pos | Brand | Aug-26 | % | /25 | Jul | 2026 | % | /25 | Pos | FY25 |
| 1 | Toyota | 928 | 19.1% | + 0.3% | 1 | 7,344 | 17.8% | – 2.3% | 1 | 1 |
| 2 | Hyundai | 641 | 13.2% | + 25.0% | 2 | 5,183 | 12.6% | + 14.9% | 2 | 3 |
| 3 | Kia | 564 | 11.6% | – 15.6% | 3 | 4,802 | 11.6% | – 2.1% | 3 | 2 |
| 4 | Suzuki | 262 | 5.4% | – 0.4% | 6 | 2,037 | 4.9% | + 3.2% | 4 | 5 |
| 5 | Geely | 210 | 4.3% | – 14.6% | 4 | 2,030 | 4.9% | + 4.6% | 5 | 4 |
| 6 | Changan | 204 | 4.2% | + 36.9% | 7 | 1,617 | 3.9% | + 43.4% | 7 | 9 |
| 7 | Mitsubishi | 176 | 3.6% | – 6.4% | 9 | 1,408 | 3.4% | + 2.0% | 8 | 6 |
| 8 | Isuzu | 174 | 3.6% | + 5.5% | 5 | 1,347 | 3.3% | + 24.1% | 9 | 10 |
| 9 | Nissan | 158 | 3.2% | + 0.0% | 11 | 1,129 | 2.7% | – 14.5% | 10 | 7 |
| 10 | Dongfeng | 128 | 2.6% | + 29.3% | 13 | 955 | 2.3% | + 78.5% | 11 | 18 |
| 11 | Jetour | 127 | 2.6% | – 18.6% | 8 | 1,630 | 4.0% | + 31.0% | 6 | 8 |
| 12 | Ford | 115 | 2.4% | + 25.0% | 10 | 895 | 2.2% | – 0.6% | 12 | 11 |
| 13 | Forthing | 96 | 2.0% | + 0.0% | 14 | 726 | 1.8% | – 15.3% | 16 | 13 |
| 14 | Kaiyi | 78 | 1.6% | – 14.3% | 12 | 836 | 2.0% | + 42.2% | 13 | 16 |
| 15 | BYD | 75 | 1.5% | + 141.9% | 22 | 391 | 0.9% | + 36.7% | 23 | 22 |
| 16 | Honda | 74 | 1.5% | + 27.6% | 19 | 591 | 1.4% | – 17.8% | 18 | 15 |
| 17 | GAC Motors | 68 | 1.4% | – 37.6% | 17 | 710 | 1.7% | – 9.3% | 17 | 14 |
| 18 | Volkswagen | 50 | 1.0% | + 108.3% | 28 | 233 | 0.6% | + 11.0% | 27 | 28 |
| 19 | Mazda | 45 | 0.9% | – 57.1% | 16 | 784 | 1.9% | – 5.0% | 14 | 12 |
| 20 | BMW | 44 | 0.9% | + 37.5% | 20 | 412 | 1.0% | + 30.4% | 21 | 20 |
| 21 | Jaecoo | 41 | 0.8% | + 86.4% | 23 | 449 | 1.1% | + 441.0% | 20 | 24 |
| 22 | Chevrolet | 37 | 0.8% | – 39.3% | 25 | 479 | 1.2% | + 1.1% | 19 | 19 |
| 23 | Lexus | 37 | 0.8% | – 26.0% | 27 | 377 | 0.9% | + 24.8% | 24 | 21 |
| 24 | Soueast | 36 | 0.7% | + 125.0% | 21 | 404 | 1.0% | + 248.3% | 22 | 29 |
| 25 | Chery | 35 | 0.7% | – 45.3% | 15 | 754 | 1.8% | + 31.1% | 15 | 17 |
| 26 | GWM | 31 | 0.6% | – 43.6% | 24 | 328 | 0.8% | + 18.8% | 25 | 23 |
| 27 | Foton | 30 | 0.6% | + 87.5% | 32 | 211 | 0.5% | + 71.5% | 29 | 33 |
| 28 | JAC | 30 | 0.6% | + 36.4% | 26 | 255 | 0.6% | + 94.7% | 26 | 34 |
| 29 | JMC | 29 | 0.6% | – 50.0% | 18 | 208 | 0.5% | – 3.7% | 30 | 26 |
| 30 | Mercedes | 28 | 0.6% | + 75.0% | 31 | 171 | 0.4% | – 4.5% | 31 | 31 |
| 31 | Ram | 21 | 0.4% | + 133.3% | 40 | 106 | 0.3% | – 7.0% | 37 | 36 |
| 32 | Audi | 20 | 0.4% | – 20.0% | 30 | 228 | 0.6% | + 49.0% | 28 | 32 |
| 33 | Subaru | 20 | 0.4% | + 5.3% | 35 | 150 | 0.4% | – 28.2% | 33 | 27 |
| 34 | Omoda | 18 | 0.4% | + 5.9% | 33 | 137 | 0.3% | – 13.3% | 35 | 30 |
| 35 | Lynk & Co | 16 | 0.3% | + 0.0% | 37 | 135 | 0.3% | + 175.5% | 36 | 44 |
| 36 | Fiat | 14 | 0.3% | + 133.3% | 48 | 34 | 0.1% | – 20.9% | 48 | 47 |
| 37 | MG | 14 | 0.3% | – 56.3% | 34 | 161 | 0.4% | – 6.4% | 32 | 25 |
| 38 | Zeekr | 13 | 0.3% | new | – | 17 | 0.0% | new | 57 | – |
| 39 | Karry | 11 | 0.2% | – 8.3% | 36 | 142 | 0.3% | + 57.8% | 34 | 42 |
| 40 | Jeep | 10 | 0.2% | – 9.1% | 49 | 51 | 0.1% | – 29.2% | 45 | 43 |
| 41 | Maxus | 10 | 0.2% | – 9.1% | 46 | 97 | 0.2% | – 19.8% | 39 | 35 |
| 42 | Renault | 10 | 0.2% | n/a | 29 | 103 | 0.2% | + 1616.7% | 38 | 61 |
| 43 | Acura | 9 | 0.2% | + 12.5% | 47 | 55 | 0.1% | – 38.2% | 43 | 40 |
| 44 | Porsche | 8 | 0.2% | – 38.5% | 39 | 84 | 0.2% | – 20.0% | 40 | 39 |
| 45 | 212 | 7 | 0.1% | – 12.5% | 41 | 77 | 0.2% | + 755.6% | 42 | 50 |
| 46 | Land Rover | 5 | 0.1% | – 28.6% | 38 | 78 | 0.2% | – 21.2% | 41 | 37 |
| 47 | Sinotruk | 4 | 0.1% | new | 42 | 14 | 0.0% | new | 60 | – |
| 48 | BAIC | 3 | 0.1% | n/a | 45 | 42 | 0.1% | n/a | 47 | 69 |
| 49 | Infiniti | 3 | 0.1% | – 40.0% | 51 | 24 | 0.1% | – 27.3% | 53 | 48 |
| 50 | AITO | 2 | 0.0% | new | 44 | 24 | 0.1% | new | 52 | 73 |
| 51 | Bestune | 2 | 0.0% | – 81.8% | 63 | 32 | 0.1% | – 69.2% | 49 | 41 |
| 52 | JIM | 2 | 0.0% | new | 66 | 25 | 0.1% | new | 51 | 66 |
| 53 | Kama | 2 | 0.0% | + 0.0% | 58 | 6 | 0.0% | + 200.0% | 67 | 81 |
| 54 | Rox | 2 | 0.0% | new | 68 | 17 | 0.0% | new | 55 | – |
| 55 | Volvo | 2 | 0.0% | – 77.8% | 50 | 43 | 0.1% | – 63.2% | 46 | 38 |
| 56 | GMC | 1 | 0.0% | + 0.0% | 56 | 8 | 0.0% | – 33.3% | 66 | 60 |
| 57 | Higer | 1 | 0.0% | n/a | 57 | 13 | 0.0% | + 333.3% | 61 | 70 |
| 58 | IM | 1 | 0.0% | n/a | 65 | 5 | 0.0% | – 37.5% | 70 | 62 |
| 59 | Lincoln | 1 | 0.0% | – 75.0% | 53 | 14 | 0.0% | – 46.2% | 59 | 51 |
| 60 | Mini | 1 | 0.0% | – 90.0% | 43 | 54 | 0.1% | – 12.9% | 44 | 45 |
| 61 | Peugeot | 1 | 0.0% | – 50.0% | 67 | 11 | 0.0% | – 54.2% | 63 | 52 |
| 62 | Tesla | 1 | 0.0% | – 50.0% | 69 | 13 | 0.0% | – 45.8% | 62 | 53 |
| 63 | ZX Auto | 1 | 0.0% | – 85.7% | 70 | 17 | 0.0% | – 39.3% | 58 | 54 |
Panama August 2026 – models:
| Pos | Model | Aug-26 | % | /25 | Jul | 2026 | % | /25 | Pos | FY25 |
| 1 | Hyundai Grand i10 | 319 | 6.5% | + 18.1% | 1 | 2,471 | 6.0% | + 36.1% | 1 | 2 |
| 2 | Kia Soluto | 267 | 5.5% | + 3.5% | 2 | 2,069 | 5.0% | + 21.1% | 3 | 3 |
| 3 | Toyota Hilux | 248 | 5.1% | + 1.2% | 3 | 2,243 | 5.4% | + 5.1% | 2 | 1 |
| 4 | Toyota Yaris Cross | 211 | 4.3% | + 28.7% | 5 | 1,622 | 3.9% | + 13.2% | 4 | 4 |
| 5 | Isuzu D-Max | 115 | 2.4% | + 22.3% | 4 | n/a | n/a | n/a | n/a | 10 |
| 6 | Toyota RAV4 | 105 | 2.2% | n/a | 8 | n/a | n/a | n/a | n/a | 7 |
| 7 | Hyundai Creta | 99 | 2.0% | n/a | 6 | n/a | n/a | n/a | n/a | 6 |
| 8 | Hyundai Accent | 96 | 2.0% | n/a | 9 | n/a | n/a | n/a | n/a | 15 |
| 9 | Suzuki Jimny | 93 | 1.9% | n/a | n/a | n/a | n/a | n/a | n/a | 11 |
| 10 | Toyota Prado | 88 | 1.8% | n/a | n/a | n/a | n/a | n/a | n/a | 18 |
Source: ADAP
