The Kaiyi KY7 ranks #6 in Panama in October.

New light vehicle sales in Panama gain 15.7% year-on-year in October to 7,837 units, with the year-to-date tally standing at 50,599. Toyota (-0.2%) remains by far the most popular carmaker in the country but drops to 18.1% share vs. 19.2% so far this year. Hyundai (+105.3%) surges ahead to 13.3% of the market, overtaking sister brand Kia (+2%). Suzuki (+14.2%) almost matches the market while Geely (+94.1%) soars YoY but stays at #5. Jetour (+224.8%) is up three spots on last month to #6, overtaking Nissan (+41.3%), Mitsubishi (+2.1%) and Isuzu (+57.1%). Kaiyi (+300%) breaks into the Top 10 for the firs first time in the brand’s history.

Model-wise, the Hyundai Grand i10 (+31.6%) threepeats at #1 ahead of the Kia Soluto (+16.5%) and Toyota Yaris Cross (+18.8%). Leader over the Full Year 2024, the Toyota Hilux (-31.3%) is in freefall this month at #4. The Hyundai Creta (+6.2%) is up two ranks on September to round out the Top 5. The event of the month is the appearance of the Kaiyi KY7 at #6, potentially the model’s first ever Top 10 finish anywhere in the world. The Suzuki Fronx and Geely Coolray also make it into the Top 10.

Previous month: Panama September 2025: Toyota and Hyundai Grand i10 lead, Jaecoo surges

Previous year: Panama Full Year 2024: Toyota Hilux leads, Forthing T5 Evo up to #5

Full October 2025 Top 65 All brands and Top 10 models below.

Panama October 2025 – brands:

PosBrandOct-25%/24Sep1-10 2025%/24PosFY241Toyota1,42218.1%– 0.2%19,72319.2%+ 0.9%112Hyundai1,04313.3%+ 105.3%36,09212.0%+ 2.0%333Kia96712.3%+ 2.0%26,50112.8%+ 0.9%224Suzuki4515.8%+ 14.2%42,6745.3%+ 15.5%445Geely4275.4%+ 94.1%52,5885.1%+ 31.0%566Jetour3284.2%+ 224.8%91,7183.4%+ 59.8%8117Nissan3083.9%+ 41.3%61,8093.6%– 13.5%658Mitsubishi2443.1%+ 2.1%71,7943.5%– 4.6%779Isuzu2202.8%+ 57.1%81,4552.9%+ 14.1%9910Kaiyi2202.8%+ 300.0%178831.7%+ 328.6%162611Changan1872.4%– 7.9%101,4542.9%+ 0.4%10812Ford1662.1%+ 32.8%181,1322.2%+ 1.9%111013Mazda1612.1%– 12.0%111,0812.1%+ 19.2%121514Honda1411.8%– 24.2%169351.8%– 10.0%141315Chery1161.5%+ 123.1%137721.5%+ 87.4%171816Forthing1021.3%+ 36.0%121,0522.1%+ 1.4%131217Dongfeng971.2%+ 120.5%226801.3%+ 115.2%182118BMW931.2%+ 3.3%274430.9%+ 5.2%201719Jaecoo931.2%+ 447.1%152550.5%+ 347.4%274320Chevrolet921.2%+ 130.0%146451.3%+ 83.2%192021GAC Motors901.1%– 31.3%199331.8%– 2.6%151422Lexus781.0%+ 27.9%244210.8%– 9.5%211623BYD670.9%+ 39.6%253930.8%+ 113.6%222724Omoda590.8%+ 28.3%322400.5%+ 39.5%283425GWM560.7%+ 64.7%203880.8%+ 34.7%232226Soueast520.7%new232120.4%new31  –27MG490.6%– 22.2%212730.5%– 27.4%261928Subaru390.5%– 7.1%292760.5%– 2.8%252329Foton370.5%new341760.3%new345230JMC320.4%+ 68.4%262850.6%+ 62.9%243331Audi310.4%+ 72.2%282120.4%+ 14.0%323232Mercedes300.4%+ 3.4%312320.5%+ 28.2%303133Maxus290.4%+ 31.8%331700.3%+ 40.5%353534Ram200.3%– 16.7%411440.3%+ 7.5%363635JAC190.2%– 47.2%301770.3%– 13.2%332936Land Rover190.2%+ 35.7%381290.3%+ 12.2%393837Volkswagen160.2%– 70.9%372380.5%– 17.4%292438Lynk & Co160.2%new35810.2%new45  –39Porsche140.2%– 22.2%361310.3%+ 36.5%384140Acura140.2%+ 0.0%461080.2%– 0.9%423941Mini120.2%+ 9.1%45800.2%+ 27.0%464242Karry100.1%– 82.1%401100.2%– 48.6%413043Jeep100.1%– 44.4%48870.2%– 18.7%444044212100.1%new44250.0%new55 –45Bestune90.1%– 60.9%491170.2%– 45.6%402846Volvo80.1%– 78.9%391360.3%– 50.9%372547AITO60.1%new –60.0%new69 –48Peugeot50.1%+ 25.0%58310.1%– 18.4%514749Tesla50.1%– 16.7%66300.1%+ 42.9%535050Fiat40.1%+ 300.0%47520.1%+ 18.2%474551Infiniti40.1%+ 0.0%42440.1%+ 2.3%494452GMC40.1%n/a –160.0%+ 433.3%596253Lincoln30.0%– 25.0%53320.1%+ 39.1%504654Xpeng30.0%new6890.0%new63  –55Cadillac20.0%+ 100.0%56260.1%+ 116.7%545356Riddara20.0%new54250.0%new56 –57Venucia20.0%– 33.3%67180.0%+ 157.1%585758Lotus20.0%n/a6380.0%+ 166.7%656659Higer20.0%n/a –50.0%+ 150.0%717060JIM20.0%new –20.0%new76 –61ZX Auto10.0%n/a59310.1%n/a527462Shineray10.0%n/a43220.0%+ 4.8%574963VGV10.0%– 66.7%52150.0%– 58.3%604864IM10.0%n/a –90.0%+ 12.5%645565Xiaomi10.0%new –30.0%new73  –

Panama October 2025 – models:

PosModelOct-25%/24Sep1Hyundai Grand i104665.9%+ 31.6%12Kia Soluto4095.2%+ 16.5%23Toyota Yaris Cross3234.1%+ 18.8%44Toyota Hilux2653.4%– 31.3%35Hyundai Creta1892.4%+ 6.2%76Kaiyi KY71572.0%n/an/a7Isuzu D-Max1532.0%n/a68Suzuki Fronx1441.8%+ 14.3%n/a9Geely Coolray1411.8%n/an/a10Toyota Corolla Cross1391.8%– 14.2%n/a11Kia Seltos1391.8%– 3.5%n/a

Source: Manufacturers