The Kaiyi KY7 is up to #7 in Panama in April.

5,312 new light vehicles hit Panama’s roads in April, a +4.1% year-on-year improvement. The year-to-date tally after four months is up 14% to 21,717. Toyota (-13.3%) remains by far the best-selling carmaker in the country despite a hefty year-on-year loss leading it to 14.7% share vs. 18.4% so far this year. Hyundai (+3.3%) almost matches the market above Kia (-0.2%) and Suzuki (-3.8%) both down. Geely (+0.8%) is stable and rounds out the Top 5. Spectacular gainers include Kaiyi (+111.3%), Changan (+56.8%), Dongfeng (+56.4%) and Ford (+47.4%).

Model-wise, the Hyundai Grand i10 (+19.8%) threepeats at #1 but it’s not enough to topples the Toyota Hilux (-33.2%), down to #5 this month, in the YTD oder. The Kia Soluto (+25.7%) also shines at #2 while the Mitsubishi L200 soars six spots on March to #4. The Kaiyi KY7 lodges its first Top 10 finish since last October at #7.

Previous month: Panama March 2026: Market surges 42.5%, Jetour, Changan, Isuzu shine

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

Full April 2026 Top 67 All brands and Top 10 models below.

Panama April 2026 – brands:

PosBrandApr-26%/25Mar2026%/25PosFY251Toyota78014.7%– 13.3%13,99318.4%– 2.3%112Hyundai59011.1%+ 3.3%22,69112.4%+ 16.1%233Kia58411.0%– 0.2%32,60412.0%+ 1.5%324Suzuki2785.2%– 3.8%41,0785.0%+ 11.8%455Geely2635.0%+ 0.8%61,0674.9%+ 10.1%546Changan2434.6%+ 56.8%87803.6%+ 42.9%797Mitsubishi2284.3%+ 5.1%77593.5%+ 19.9%868Jetour1923.6%+ 12.3%59394.3%+ 51.7%689Nissan1793.4%– 17.1%105662.6%– 18.3%10710Kaiyi1693.2%+ 111.3%135052.3%+ 134.9%111611Ford1683.2%+ 47.4%144792.2%+ 5.7%121112Isuzu1452.7%– 4.6%95912.7%+ 31.0%91013Dongfeng1222.3%+ 56.4%164622.1%+ 109.0%141814Mazda1152.2%– 17.9%114652.1%+ 6.9%131215Forthing991.9%– 25.0%173291.5%– 20.3%171316GAC Motors981.8%– 20.3%124171.9%+ 19.8%151417Chevrolet841.6%– 7.7%222611.2%+ 26.7%201918Honda791.5%– 26.2%183061.4%– 21.5%181519Chery771.4%– 14.4%154121.9%+ 39.7%161720BYD681.3%+ 142.9%251900.9%+ 38.7%242221Jaecoo671.3%+ 2133.3%212781.3%+ 612.8%192422BMW551.0%+ 57.1%202050.9%+ 45.4%232023Lexus511.0%+ 50.0%242071.0%+ 55.6%222124Soueast450.8%new192411.1%new212925GWM410.8%+ 13.9%261760.8%+ 40.8%252326Mercedes310.6%+ 14.8%33800.4%– 12.1%303127Audi300.6%+ 57.9%271230.6%+ 51.9%273228JAC300.6%+ 30.4%231300.6%+ 136.4%263429MG280.5%+ 16.7%34820.4%+ 39.0%292530Karry270.5%+ 107.7%29630.3%+ 65.8%364231Maxus270.5%+ 125.0%32620.3%+ 19.2%373532Foton250.5%– 10.7%281050.5%+ 72.1%283333JMC220.4%+ 4.8%35670.3%+ 9.8%332634212200.4%new45370.2%new425035Volkswagen200.4%– 20.0%30760.3%– 37.2%312836Lynk & Co170.3%+ 240.0%36730.3%+ 563.6%324437Ram160.3%– 5.9%38500.2%– 3.8%383638Renault160.3%+ 700.0%42400.2%+ 1900.0%416139Subaru150.3%– 57.1%31670.3%– 40.7%342740Land Rover140.3%+ 16.7%43420.2%– 19.2%403741Omoda110.2%– 45.0%37640.3%– 31.2%353042Porsche90.2%– 25.0%39460.2%– 19.3%393943Mini80.2%+ 14.3%40310.1%+ 10.7%434544Acura70.1%– 56.3%48260.1%– 48.0%454045Jeep60.1%– 45.5%41270.1%– 18.2%444346ZX Auto50.1%+ 0.0%53120.1%+ 71.4%535447BAIC40.1%n/a46170.1%n/a486948Bestune40.1%– 77.8%50200.1%– 66.1%464149Farizon40.1%n/a54130.1%+ 550.0%506550JIM40.1%new57110.1%new546651AITO30.1%new4990.0%new577352Fiat30.1%– 25.0%55130.1%– 43.5%514753Infiniti30.1%+ 200.0%56120.1%– 45.5%524854Rox30.1%new5290.0%new58 –55Tesla30.1%– 70.0%6440.0%– 71.4%635356Zeekr30.1%new6740.0%new65 –57Lincoln20.0%+ 0.0% –60.0%– 53.8%615158Shineray20.0%– 60.0%44150.1%+ 114.3%495759Venucia20.0%+ 0.0% –30.0%– 25.0%675960Volvo20.0%– 90.9%47190.1%– 73.2%473861Xpeng20.0%n/a6640.0%+ 33.3%646462Ferrari10.0%n/a –10.0%+ 0.0%75 –63GMC10.0%– 50.0% –10.0%– 75.0%766064IM10.0%+ 0.0% –20.0%– 50.0%716265Lotus10.0%+ 0.0% –30.0%– 25.0%666766VGV10.0%– 50.0% –30.0%– 25.0%685867Xiaomi10.0%new51100.0%new5672

Panama April 2026 – models:

PosModelApr-26%/25Mar2026%/25PosFY251Hyundai Grand i102905.5%+ 19.8%11,1575.3%+ 32.5%222Kia Soluto2254.2%+ 25.7%21,0354.8%+ 26.8%333Toyota Yaris Cross1883.5%– 19.7%48624.0%– 0.8%444Mitsubishi L2001713.2%n/a10n/an/an/an/a135Toyota Hilux1693.2%– 33.2%31,2535.8%+ 14.8%116Isuzu D-Max1001.9%n/a6n/an/an/an/a107Kaiyi KY7991.9%n/an/an/an/an/an/an/a8Kia Picanto981.8%– 3.9%8n/an/an/an/a59Mazda CX-5891.7%– 2.2%n/an/an/an/an/a1610Hyundai Creta821.5%n/a54822.2%n/an/a6

Source: ADAP