Recently, Yibin Kaiyi Automobile Co., Ltd. (hereinafter referred to as Kaiyi Auto) and Panama Motion Motors signed a distribution agreement in Panama City, the capital of Panama. Gou Yuanyuan, sales manager of Kaiyi Auto's Central and South America Region， Jaime Fung, CEO of Motion Motors and Victor Luo, vice president of Motion Motors participated in the signing ceremony.

Panama is located in Central America. It is a country that connects North America and South America and is also a bridge for trade between the two places. Its status cannot be underestimated. Motion Motors has extensive experience in auto sales operations in the Panamanian auto industry, who is also agents for some other Chinese auto brands. At the same time, it is also deeply involved in auto industry chain businesses such as spare parts and services. It is reported that as many Chinese auto brands running sales business in Panama,  the local acceptance of Chinese brands is very high. Jaime Fung, CEO of Motion Motors is confident in the development of Kaiyi in the local market. He said that acting as an agent for the Kaiyi will be an important step in their business plan. They will increase their resource investment and focus on building the reputation of Kaiyi in Panama market. With the help of their rich experience in auto operation, they are committed to building Panama market to a key market in Central and South America after Chile and Costa Rica.

 

Panama is the third Central American country that Kaiyi has opened up after Costa Rica and the Dominican Republic. Kaiyi's influence in Central America will also continue to expand, which will lay a solid foundation for entering the North American market.