Key Highlights
- New cars market includes retail sales/registrations of new passenger cars. The scope of passenger cars covers saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
- The Peruvian new cars market recorded revenues of $3.6 billion in 2024, representing a compound annual growth rate (CAGR) of 1.3% between 2019 and 2024.
- Market consumption volumes declined with a negative CAGR of 1.1% between 2019 and 2024, reaching a total of 107,232.0 units in 2024.
- In 2024, Peru accounted for a 4.7% share of the South American new cars market.
Report Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the new cars market in Peru
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Peru
- Leading company profiles reveal details of key new cars market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Peru new cars market with five year forecasts
Reasons to Buy
- What was the size of the Peru new cars market by value in 2024?
- What will be the size of the Peru new cars market in 2029?
- What factors are affecting the strength of competition in the Peru new cars market?
- How has the market performed over the last five years?
- Who are the top competitors in Peru's new cars market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Toyota Motor Corp
- Chery Automobile Co Ltd
- Hyundai Motor Co
- Renault-Nissan-Mitsubishi Alliance

