First Top 10 finish for the Jetour X70 Plus in Panama

New light vehicle sales in Panama progress 2% year-on-year in February to 5,087 units, leading to a year-to-date tally up 5.6% to 9,932. Toyota (-25%) remains the dominant force in the market despite freefalling year-on-year to 16% share vs. 19.4% so far in 2026. In contrast Hyundai (+21%) shoots up in 2nd place, overtaking Kia (-29.8%), in a rut. The Chinese are on a mission this month, with Jetour up 92.3%, Geely up 48.9%, Changan up 42.2% inside the Top 10 and Dongfeng (+100%), Jaecoo (+400%) and Kaiyi (+50.9%). All in all, Chinese manufacturers (32 selling at least one unit in February) see their sales jump 52.6% to 33.5% share vs. 22.4% a year ago in February 2025.

Model-wise, the Hyundai Grand i10 (+56.4%) takes the lead for the first time since last October, distancing the Kia Soluto (-38%) and Toyota Hilux (-29.2%). After hitting 12.4% share in January, the latter remains in the YTD top spot. The Hyundai Creta (+22.8%) is the only additional Top 5 model in positive. Meanwhile the Jetour X70 Plus cracks the Top 10 for the first time, landing directly at #6, with the Geely Coolray and GX3 Pro also making an appearance.

Previous month: Panama January 2026: Toyota Hilux up to 12.4% share

Previous year: Panama Full Year 2025: Toyota Hilux signs 5th straight win

Full February 2026 Top 63 All brands and Top 10 models below.

Panama February 2026 – brands:

PosBrandFeb-26%/25Jan2026%/25PosFY251Toyota81516.0%– 25.0%11,92219.4%– 12.2%112Hyundai62712.3%+ 21.0%31,29413.0%+ 11.0%233Kia56011.0%– 29.8%21,23412.4%– 11.0%324Geely3296.5%+ 48.9%55445.5%+ 25.9%445Jetour3256.4%+ 92.3%64754.8%+ 49.4%686Suzuki2244.4%+ 1.8%44784.8%+ 18.6%557Changan2094.1%+ 42.2%113153.2%+ 16.2%798Mitsubishi1923.8%+ 19.3%122983.0%+ 6.0%869Isuzu1573.1%+ 14.6%162362.4%+ 29.7%91010Nissan1302.6%– 34.0%132262.3%– 23.4%10711Ford1092.1%– 20.4%151881.9%– 22.3%161112Dongfeng1082.1%+ 100.0%92232.2%+ 147.8%111813Mazda1032.0%+ 1.0%102132.1%+ 8.7%131214Chery981.9%+ 30.7%82142.2%+ 38.1%121715GAC Motors981.9%+ 14.0%141891.9%+ 27.7%151416Kaiyi861.7%+ 50.9%72102.1%+ 116.5%141617Jaecoo801.6%+ 400.0%181431.4%+ 550.0%172418Forthing711.4%– 29.0%191321.3%– 30.9%191319Chevrolet691.4%+ 68.3%231101.1%+ 54.9%201920Honda691.4%– 32.4%171361.4%– 36.7%181521Soueast571.1%new211071.1%new212922Lexus480.9%+ 60.0%201001.0%+ 56.3%222123BMW450.9%+ 32.4%25750.8%+ 5.6%242024BYD380.7%+ 31.0%24690.7%+ 9.5%252225GWM340.7%+ 25.9%22830.8%+ 29.7%232326Audi300.6%+ 36.4%26530.5%+ 12.8%263227Foton250.5%+ 150.0%33400.4%+ 135.3%293328JAC230.5%+ 155.6%29420.4%+ 121.1%273429JMC210.4%+ 110.0%36290.3%+ 52.6%352630Mercedes210.4%– 16.0%35310.3%– 36.7%343131MG190.4%+ 46.2%31360.4%+ 56.5%312532Subaru190.4%– 13.6%34310.3%– 31.1%332733Lynk & Co170.3%+ 466.7%27400.4%+ 1233.3%284434Omoda150.3%– 48.3%28370.4%– 19.6%303035Volkswagen150.3%– 74.1%30330.3%– 57.7%322836Land Rover140.3%+ 0.0%43200.2%– 20.0%373737Ram140.3%+ 16.7%48180.2%– 25.0%383638Acura80.2%– 42.9%42140.1%– 46.2%414039Jeep80.2%– 33.3%53110.1%– 42.1%464340Renault80.2%n/a41150.2%n/a406141Karry70.1%+ 75.0%44120.1%– 20.0%424242Maxus70.1%– 46.2%37150.2%– 50.0%393543Mini70.1%– 22.2%45120.1%– 20.0%434544Wuling70.1%n/a54100.1%n/a488545Porsche50.1%– 54.5%32220.2%– 33.3%363946Shineray50.1%+ 400.0%50.1%+ 150.0%545747Bestune40.1%– 71.4%40110.1%– 64.5%454148Xiaomi40.1%new40.0%new58724921230.1%new39100.1%new475050BAIC30.1%new4960.1%new506951Farizon30.1%+ 50.0%5060.1%+ 200.0%516552Fiat30.1%– 62.5%4670.1%– 36.4%494753Higer30.1%+ 200.0%5160.1%+ 200.0%527054Infiniti30.1%– 62.5%5260.1%– 50.0%534855Lincoln30.1%– 62.5%5940.0%– 63.6%565156Peugeot30.1%+ 50.0%6140.0%– 50.0%575257Volvo30.1%– 83.3%38110.1%– 66.7%443858Rox20.0%new –20.0%new63 –59AITO10.0%new –10.0%new677360Arcfox10.0%new –10.0%new69 –61Cadillac10.0%– 66.7% –10.0%– 80.0%685662Lotus10.0%– 50.0%6020.0%+ 0.0%626763NIO10.0%new –10.0%new70 –

Panama February 2026 – models:

PosModelFeb-26%/25Jan2026%/25PosFY251Hyundai Grand i102945.8%+ 56.4%45105.1%+ 26.6%222Kia Soluto2174.3%– 38.0%34644.7%+ 5.5%333Toyota Hilux1923.8%– 29.2%17918.0%+ 40.0%114Toyota Yaris Cross1633.2%– 16.0%24384.4%– 0.7%445Hyundai Creta1242.4%+ 22.8%52472.5%+ 10.3%566Jetour X70 Plus1162.3%n/an/an/an/an/an/an/a7Geely Coolray1092.1%n/an/an/an/an/an/a128Geely GX3 Pro1042.0%n/an/an/an/an/an/an/a9Toyota Yaris1002.0%n/an/an/an/an/an/an/a10Changan CS35 Plus981.9%n/an/an/an/an/an/an/a11Mitsubishi L200981.9%n/an/an/an/an/an/a13

Source: ADAP