Panama February 2026: Chinese up 52.6%, Jetour X70 Plus inside Top 10

First Top 10 finish for the Jetour X70 Plus in Panama

New light vehicle sales in Panama progress 2% year-on-year in February to 5,087 units, leading to a year-to-date tally up 5.6% to 9,932. Toyota (-25%) remains the dominant force in the market despite freefalling year-on-year to 16% share vs. 19.4% so far in 2026. In contrast Hyundai (+21%) shoots up in 2nd place, overtaking Kia (-29.8%), in a rut. The Chinese are on a mission this month, with Jetour up 92.3%, Geely up 48.9%, Changan up 42.2% inside the Top 10 and Dongfeng (+100%), Jaecoo (+400%) and Kaiyi (+50.9%). All in all, Chinese manufacturers (32 selling at least one unit in February) see their sales jump 52.6% to 33.5% share vs. 22.4% a year ago in February 2025.

Model-wise, the Hyundai Grand i10 (+56.4%) takes the lead for the first time since last October, distancing the Kia Soluto (-38%) and Toyota Hilux (-29.2%). After hitting 12.4% share in January, the latter remains in the YTD top spot. The Hyundai Creta (+22.8%) is the only additional Top 5 model in positive. Meanwhile the Jetour X70 Plus cracks the Top 10 for the first time, landing directly at #6, with the Geely Coolray and GX3 Pro also making an appearance.

Previous month: Panama January 2026: Toyota Hilux up to 12.4% share

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

Full February 2026 Top 63 All brands and Top 10 models below.

Panama February 2026 – brands:

Pos	Brand	Feb-26	%	/25	Jan	2026	%	/25	Pos	FY25
1	Toyota	815	16.0%	– 25.0%	1	1,922	19.4%	– 12.2%	1	1
2	Hyundai	627	12.3%	+ 21.0%	3	1,294	13.0%	+ 11.0%	2	3
3	Kia	560	11.0%	– 29.8%	2	1,234	12.4%	– 11.0%	3	2
4	Geely	329	6.5%	+ 48.9%	5	544	5.5%	+ 25.9%	4	4
5	Jetour	325	6.4%	+ 92.3%	6	475	4.8%	+ 49.4%	6	8
6	Suzuki	224	4.4%	+ 1.8%	4	478	4.8%	+ 18.6%	5	5
7	Changan	209	4.1%	+ 42.2%	11	315	3.2%	+ 16.2%	7	9
8	Mitsubishi	192	3.8%	+ 19.3%	12	298	3.0%	+ 6.0%	8	6
9	Isuzu	157	3.1%	+ 14.6%	16	236	2.4%	+ 29.7%	9	10
10	Nissan	130	2.6%	– 34.0%	13	226	2.3%	– 23.4%	10	7
11	Ford	109	2.1%	– 20.4%	15	188	1.9%	– 22.3%	16	11
12	Dongfeng	108	2.1%	+ 100.0%	9	223	2.2%	+ 147.8%	11	18
13	Mazda	103	2.0%	+ 1.0%	10	213	2.1%	+ 8.7%	13	12
14	Chery	98	1.9%	+ 30.7%	8	214	2.2%	+ 38.1%	12	17
15	GAC Motors	98	1.9%	+ 14.0%	14	189	1.9%	+ 27.7%	15	14
16	Kaiyi	86	1.7%	+ 50.9%	7	210	2.1%	+ 116.5%	14	16
17	Jaecoo	80	1.6%	+ 400.0%	18	143	1.4%	+ 550.0%	17	24
18	Forthing	71	1.4%	– 29.0%	19	132	1.3%	– 30.9%	19	13
19	Chevrolet	69	1.4%	+ 68.3%	23	110	1.1%	+ 54.9%	20	19
20	Honda	69	1.4%	– 32.4%	17	136	1.4%	– 36.7%	18	15
21	Soueast	57	1.1%	new	21	107	1.1%	new	21	29
22	Lexus	48	0.9%	+ 60.0%	20	100	1.0%	+ 56.3%	22	21
23	BMW	45	0.9%	+ 32.4%	25	75	0.8%	+ 5.6%	24	20
24	BYD	38	0.7%	+ 31.0%	24	69	0.7%	+ 9.5%	25	22
25	GWM	34	0.7%	+ 25.9%	22	83	0.8%	+ 29.7%	23	23
26	Audi	30	0.6%	+ 36.4%	26	53	0.5%	+ 12.8%	26	32
27	Foton	25	0.5%	+ 150.0%	33	40	0.4%	+ 135.3%	29	33
28	JAC	23	0.5%	+ 155.6%	29	42	0.4%	+ 121.1%	27	34
29	JMC	21	0.4%	+ 110.0%	36	29	0.3%	+ 52.6%	35	26
30	Mercedes	21	0.4%	– 16.0%	35	31	0.3%	– 36.7%	34	31
31	MG	19	0.4%	+ 46.2%	31	36	0.4%	+ 56.5%	31	25
32	Subaru	19	0.4%	– 13.6%	34	31	0.3%	– 31.1%	33	27
33	Lynk & Co	17	0.3%	+ 466.7%	27	40	0.4%	+ 1233.3%	28	44
34	Omoda	15	0.3%	– 48.3%	28	37	0.4%	– 19.6%	30	30
35	Volkswagen	15	0.3%	– 74.1%	30	33	0.3%	– 57.7%	32	28
36	Land Rover	14	0.3%	+ 0.0%	43	20	0.2%	– 20.0%	37	37
37	Ram	14	0.3%	+ 16.7%	48	18	0.2%	– 25.0%	38	36
38	Acura	8	0.2%	– 42.9%	42	14	0.1%	– 46.2%	41	40
39	Jeep	8	0.2%	– 33.3%	53	11	0.1%	– 42.1%	46	43
40	Renault	8	0.2%	n/a	41	15	0.2%	n/a	40	61
41	Karry	7	0.1%	+ 75.0%	44	12	0.1%	– 20.0%	42	42
42	Maxus	7	0.1%	– 46.2%	37	15	0.2%	– 50.0%	39	35
43	Mini	7	0.1%	– 22.2%	45	12	0.1%	– 20.0%	43	45
44	Wuling	7	0.1%	n/a	54	10	0.1%	n/a	48	85
45	Porsche	5	0.1%	– 54.5%	32	22	0.2%	– 33.3%	36	39
46	Shineray	5	0.1%	+ 400.0%		5	0.1%	+ 150.0%	54	57
47	Bestune	4	0.1%	– 71.4%	40	11	0.1%	– 64.5%	45	41
48	Xiaomi	4	0.1%	new		4	0.0%	new	58	72
49	212	3	0.1%	new	39	10	0.1%	new	47	50
50	BAIC	3	0.1%	new	49	6	0.1%	new	50	69
51	Farizon	3	0.1%	+ 50.0%	50	6	0.1%	+ 200.0%	51	65
52	Fiat	3	0.1%	– 62.5%	46	7	0.1%	– 36.4%	49	47
53	Higer	3	0.1%	+ 200.0%	51	6	0.1%	+ 200.0%	52	70
54	Infiniti	3	0.1%	– 62.5%	52	6	0.1%	– 50.0%	53	48
55	Lincoln	3	0.1%	– 62.5%	59	4	0.0%	– 63.6%	56	51
56	Peugeot	3	0.1%	+ 50.0%	61	4	0.0%	– 50.0%	57	52
57	Volvo	3	0.1%	– 83.3%	38	11	0.1%	– 66.7%	44	38
58	Rox	2	0.0%	new	–	2	0.0%	new	63	–
59	AITO	1	0.0%	new	–	1	0.0%	new	67	73
60	Arcfox	1	0.0%	new	–	1	0.0%	new	69	–
61	Cadillac	1	0.0%	– 66.7%	–	1	0.0%	– 80.0%	68	56
62	Lotus	1	0.0%	– 50.0%	60	2	0.0%	+ 0.0%	62	67
63	NIO	1	0.0%	new	–	1	0.0%	new	70	–

Panama February 2026 – models:

Pos	Model	Feb-26	%	/25	Jan	2026	%	/25	Pos	FY25
1	Hyundai Grand i10	294	5.8%	+ 56.4%	4	510	5.1%	+ 26.6%	2	2
2	Kia Soluto	217	4.3%	– 38.0%	3	464	4.7%	+ 5.5%	3	3
3	Toyota Hilux	192	3.8%	– 29.2%	1	791	8.0%	+ 40.0%	1	1
4	Toyota Yaris Cross	163	3.2%	– 16.0%	2	438	4.4%	– 0.7%	4	4
5	Hyundai Creta	124	2.4%	+ 22.8%	5	247	2.5%	+ 10.3%	5	6
6	Jetour X70 Plus	116	2.3%	n/a	n/a	n/a	n/a	n/a	n/a	n/a
7	Geely Coolray	109	2.1%	n/a	n/a	n/a	n/a	n/a	n/a	12
8	Geely GX3 Pro	104	2.0%	n/a	n/a	n/a	n/a	n/a	n/a	n/a
9	Toyota Yaris	100	2.0%	n/a	n/a	n/a	n/a	n/a	n/a	n/a
10	Changan CS35 Plus	98	1.9%	n/a	n/a	n/a	n/a	n/a	n/a	n/a
11	Mitsubishi L200	98	1.9%	n/a	n/a	n/a	n/a	n/a	n/a	13

Source: ADAP