email: [email protected] | Phone: +1-787-740-0398

New car sales increase by 20.4% in October

Intelligent Economics > Analysis > New car sales increase by 20.4% in October

New car sales in Puerto Rico for the month of October 2022 totaled 11,174 units. This represents a 20.4% increase in market sales when compared to October 2021 (9,281 units). This also represents a 38.3% increase compared to September 2022 (8,076 units). This is the second month of the year with the largest number of new car unit sales. This is also a record sale for the month of October in over a decade. This increase is due to slow sales in September 2022 due to hurricane Fiona.

By market by the country for the month of October:

  • Japanese brands increased sales by 3.94% compared to October 2021. Toyota leading with a 66% increase in sales. Mitsubishi, Honda, Mazda, Acura, and Nissan with decrease in sales. Lexus had a 4.6% increase.
  • Korean brands increased by 59.4% in sales compared to October 2021. Hyundai, Kia, and Genesis reporting increase in sales.
  • US brands increased by 3.2% in sales with GM leading the sales.
  • European brands increased by 42.7% in sales compared to October 2021.

Top models sold for the month of October

  1. Accent 4 dr
  2. Corolla
  3. Corolla Cross
  4. Soul
  5. Eclipse Cross

Related Posts

Leave a Reply