Luxury vehicle sales reached 3,183 units between January and August 2026, a 27% increase from the 2,506 units sold during the same period last year, the Automotive Association of Peru (AAP) reported.
According to the latest AAP automotive sector report, luxury SUVs accounted for the largest share of cumulative sales, with 2,598 units, representing a 28.8% increase compared with the same period in 2025.
As a result, this type of vehicle accounted for 81.6% of total sales in the segment.
They were followed by sedans, with 335 units sold, a 22.3% rise and a 10.5% market share.
Meanwhile, hatchbacks reached 168 units, posting a 9.8% increase and a 5.3% market share.
For their part, coupes totaled 55 units, 1.9% more than in the same period last year, accounting for a 1.7% market share.
Convertibles recorded 27 units, representing a 285.7% expansion and a 0.8% market share.
Last August alone, 364 luxury vehicles were sold, 14.8% more than the 317 units recorded in the same month last year.
However, sales fell 5.2%, declining from 384 to 364 units compared with last July.
It is worth noting that, despite the growth recorded so far this year, the 3,183 units accumulated through August remain below the levels seen in 2017 (3,602), 2018 (3,388), and 2019 (3,373), before the COVID-19 pandemic.
However, the performance of the luxury segment is part of the favorable trend shown by Peru’s automotive market so far in 2026.
According to the AAP, the recovery in private consumption, supported by improvements in formal employment and household incomes, as well as the momentum in private investment and favorable financing conditions, has been supporting demand for new vehicles.
These factors are complemented by sales strategies implemented by dealerships, adequate inventory availability, and the continuous introduction of new models to the market.