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This digital document is an article from Caribbean Update, published by Caribbean Update, Inc. on February 1, 2002. The length of the article is 459 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Digital Locker immediately after purchase. You can view it with any web browser.Citation Details
Title: AUTO PARTS MARKET.(Panama)(Brief Article)
Publication: Caribbean Update (Newsletter)
Date: February 1, 2002
Publisher: Caribbean Update, Inc.
Volume: 18 Issue: 1 Page: NAArticle Type: Brief ArticleDistributed by Thompson Gale

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Panama has a population of about 2.8 million and 460,000 vehicles according to the Panamanian Traffic Vehicle Registry. This is the highest per capita car population in Central America. About 70% of the total vehicle population is registered in the Province of Panama. The economy has experienced a significant slowdown in the last two years and new car sales dropped from 34,000 in 1999 to 21,000 in 2000 and are not expected to top 14,000 in 2001. The American-Embassy in Panama provided the following update: