The sale of cars new vehicles will continue to grow in 2025, Scotiabank reported with information from the Automotive Association of Peru. Last year’s progress was mainly linked to the improvement in formal employment.
It also had a positive impact on marketing, the depreciation of the dollar by more than 10%, as well as the improvement of financial conditions with the reduction of vehicle credit rates. Other contributing factors are the greater availability of units and extraordinary withdrawals from the AFP.
HOW MANY NEW VEHICLES WERE SOLD IN 2025?
According to Scotiabank, in 2025, 211,776 new vehicles were sold, which was a record for the country. With this result, it is the first time that more than 200,000 units are placed on the market in Peru.
Likewise, the 25% advance that occurred in one year (from 2024 to 2025) is the highest rate since 2021, although it must be taken into account that in said period a rebound was observed after the fall in 2020 generated by the pandemic.
In addition, of the total placement amount, 186,981 units belonged to the light vehicle segment. Here, the sales of SUVs stood out with growth of 30%, pickup trucks and vans (29%), and automobiles (3.5%).
Regarding heavy vehicles, the financial entity reported that 24,795 units were placed, the highest level in recent years. Likewise, he highlighted the commercialization of minibuses and buses.
On the other hand, Scotibank reported that sales this year would continue to grow, although at a slower rate. For this reason, it estimated an increase of 3%, limited, although to a lesser extent, by the general elections that usually postpone purchase decisions.
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