he Peruvian CV market finished the year in 2023 with the sale of 17,327 trucks and buses, 2.3% down in the 17,729 vehicles sold in the previous year.

With registrations of 12,881 heavy commercial vehicles during the first nine months of this year, the Peruvian market declined by 6.3% compared with 13,750 units invoiced in the same period of 2022.

Peru, like other main countries of South American saw commercial vehicles sales decrease in the first six months of 2023 and by 11.0% to 8,220 units compared with 9,240 units sold in the same period of 2022.

The commercial vehicle segment in Peru reached sales of 3,968 units in the first quarter of this year, down 15.5% compared with the same period last year, when 4,696 vehicles were licensed, according to the AAP (Automotive Association of Peru) of Lima.

For a relatively small market of 17,729 commercial vehicles sold in 2022, there are a large number of brands selling into the market place.

According to data from the Automobile Association of Peru (AAP) of Lima, commercial vehicle sales grew by 8.9% in the first nine months of 2022 to 13,750 units, up from 12,632 units in the same period last year.

Sales of commercial vehicles (trucks and buses) in Peru grew by 9.7% overall to total 9,263 units sold in the first six months of the year (January to June 2022) compared with 8,449 units in the same period in 2021.