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Nicaragua Full Year 2025: Toyota at 42% share, Hilux at 19.5% in solid market (+18%)

The Toyota Hilux holds 19.5% of the Nicaraguan market in 2025.

Today we can share with you extremely rare data about Nicaragua. The Nicaraguan new vehicle market is up a splendid 18% year-on-year in 2025 to 32,893 units. Toyota (+9%) is ultra dominant here with 42% share, albeit down from 45.5% in 2024. The Top 4 brands remain unchanged on 2024 with Suzuki (+45%) the best performer above Hyundai (+17%) and Kia (+15%). Mitsubishi (+31%) is up two spots to #7 while Chery (+16.9%) ranks at #10 and is the only Chinese carmaker in the Top 10.

As for models, the Toyota Hilux (+1%) sells over 5 times as much as the next best seller at 19.5% share vs. 3.8% for the Toyota Raize (+7%) at #2. The Agya (+14%) completes a podium 100% Toyota. The Suzuki S-Presso (+33%) ranks #4 above the Hyundai Grand i10 Sedan (+44%). Notice also the Toyota Land Cruiser 70 pickup pointing its bonnet at #10.

Full Year 2025 Top 10 brands and models vs. Full Year 2024 figures below.

Nicaragua Full Year 2025 – brands:

PosBrand2025%/242024%Pos
1Toyota13,82942.0%+ 9.0%12,68745.5%1
2Suzuki3,83411.7%+ 45.0%2,6449.5%2
3Kia2,8228.6%+ 15.0%2,4548.8%3
4Hyundai2,6798.1%+ 17.0%2,2908.2%4
5Hino1,3844.2%+ 13.0%1,2254.4%6
6Isuzu1,2813.9%+ 10.0%1,1654.2%7
7Mitsubishi1,1493.5%+ 31.0%8773.1%9
8Nissan1,1153.4%– 13.0%1,2824.6%5
9Chevrolet9382.9%– 1.0%9473.4%8
10Chery7252.2%+ 16.9%6202.2%n/a

Nicaragua Full Year 2025 – models:

PosModel2025%/242024%Pos
1Toyota Hilux6,41619.5%+ 1.0%6,35222.8%1
2Toyota Raize1,2443.8%+ 7.0%1,1634.2%2
3Toyota Agya1,1243.4%+ 14.0%9863.5%3
4Suzuki S-Presso1,1083.4%+ 33.0%8333.0%4
5Hyundai Grand i10 sedan1,0613.2%+ 44.0%7372.6%n/a
6Kia K27009422.9%+ 18.9%7922.8%5
7Mitsubishi L2009352.8%+ 27.0%7362.6%n/a
8Toyota Yaris Cross8472.6%+ 58.9%5331.9%n/a
9Hyundai H1008172.5%+ 17.0%6982.5%n/a
10Toyota Land Cruiser 70 Pickup7912.4%+ 72.0%4601.7%n/a

Source: Car Industry Analysis

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