Colombian Motorcycles Market in 2023 is losing in double-digit. In Q3 the trend did not change and the market contraction was near 20% with Year to Date September figures at 508.099 (-19.6%). Yamaha is market leader.
Mexico Motorcycles Market is the 8th largest worldwide. In 2022 the industry hit the 9th All-Time record in a string with 1.3 million sales (+5.3%), driven up by the local leader Italika and by the huge field of competitors recently landed in the country.
Guatemala Motorcycles Skyrockets. In 2022 the market hit the 11th all-time record in a string jumping as 23rd largest in the World. Honda is market leader ahead of Suzuki and Bajaj.
Paraguay Motorcycles Market in 2022 reached 156.586 (+74.6%) sales, fully recovering after the distribution channel disruption suffered in the Covid 19 period, hitting the second highest level ever.
Argentine Motorcycles Market in 2023 keeps momentum. In Q3 the market accelerated with July sales +9.8% doing even better in August (+29.5%) and September (+15.9%), with Year to Date figures at 273.838 (+7.8%).