Sales of new cars at the end of 2012 in Nicaragua will total over 12,000 units.

Data published by the Central Bank of Nicaragua (BCN) indicates that during the first five months of the year imports of sedans, vans, minibuses, trucks and ATV’s have gone up relative to previous years, surpassing even the 2008 statistics.

In the view of Charles Benda, secretary of the Nicaraguan Association of Motor Vehicle Dealers (Andiva) the increase in sales is related to the “… improvement seen in the export sector: the high price of livestock, meat and coffee, and dynamism of the economy.”

Another factor that has affected the sales increase is the imports made by the Government of buses and Lada vehicles, added Carlos Bedaña.

Source: La Prensa