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Lithuania Autos Report 2014 Market: New market analysis released

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PR-Inside.com: 2014-04-02 22:13:01
New passenger car sales in Lithuania declined 3.8% in 2012, to 11,829 units, according to figures released by the state registration agency Regitra. New commercial vehicle (CV) sales also contracted in 2012 by 4.0%, to 4,504 units, according to figures released by the European Automobile Manufacturers Association (ACEA).

This gave a total new vehicle sales figure of 16,333 units for 2012, a decrease of 3.8%, a sharp reversal to the 63.9% growth observed in 2011.

Passenger car sales remained dismal in 2013. Sales for the first 11 months of 2013 came in at 10,884 units, a decrease of 1.0% y-o-y. BMI forecasts 2013 passenger car sales to remain marginally unchanged from the previous year, at around 11,800 units.

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