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Friday 23.02.2018 | Name days: Haralds, Almants
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EU car registrations: Latvia - 5th fastest rise

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In August, 2012, car registrations rose by 4.4% in Latvia, accounting for the fifth largest increase in Europe, according to the European Automobile Manufacturers Association.

The latest report presents data on the European Free Trade Association (EFTA) countries – Switzerland, Norway and Iceland, as well as all European Union (EU) member states, except for Malta.

In August, 894 new cars were registered in Latvia, compared to 856 cars a year earlier.

The fastest rise in car registrations was recorded in Iceland – 58.2%, Slovakia – 14.6%, as well as Denmark and Estonia – 8.5%.

Car registrations grew only in nine countries covered by the report, while the rest of twenty countries saw a drop.

The biggest decrease in car registrations was observed in Greece – 46.7%, Romania – 42.3% and Portugal – 33.1%.

In Estonia, 1 423 new cars were registered in August, 212. In Lithuania, new car registrations fell 10.1% to 957 units.

A total of 722,483 new cars were registered in all European countries covered by the report. It is about 8.5% less than in the corresponding month of 2011.

688,168 new vehicles were registered in the EU member states, accounting for an increase of 8.9%, compared to August last year.

Car registrations were down 8.8% to 633,749 units in 15 the so-called old EU member states. Meanwhile, the amounts dropped 10.9% to 54 419 units in 11 new EU countries.

Car registrations increased 1.7% up to 34 315 units in the EFTA countries.

In the first eight months of 2012, 7 251 new cars were registered in Latvia. It is 5.8% more than in the same period a year ago. Latvia posts the fifth fastest rise in car registrations in Europe.

This year, new car registrations are up 18.9% to 11,872 units in Estonia, while in Lithuania the amounts are down 6.3% to 8,210 units.

During eight months of the year, all countries covered by the report saw a decline in car registrations – 6.6%. Meanwhile, the amounts also dropped for the EU member states – 7.1%

Ref: 102.105.105.2528


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