Car market

International Internet Magazine. Baltic States news & analytics Monday, 06.07.2020, 06:39

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New automobile registrations in Latvia decreased by 28.1% in H1

New automobile registrations in Latvia decreased by 28.1% in H1

02.07.2020

A total of 24,234 new automobiles were registered in Latvia in January-June, which is 28.1% less than in the first half of 2019, writes LETA, according to the Road Traffic Safety Directorate's data.

Keyword tags: Car market, Covid-19, Latvia, Transport



Lithuania's new car market shrinks 29% in H1 y-o-y

Lithuania's new car market shrinks 29% in H1 y-o-y

01.07.2020

A total of 18,503 new passenger cars were registered in Lithuania in the first half of 2020, down 29.2% from 26,152 in the same period last year, the market research company Autotyrimai said LETA/BNS.

Volvo recalling thousands of cars in Estonia over seat belt cable

Volvo recalling thousands of cars in Estonia over seat belt cable

01.07.2020

Swedish automobile manufacturer Volvo Cars, owned by China's Geely, announced on Wednesday it was recalling nearly 2.2 mln cars, over 4,300 of which are being recalled in Estonia, writes LETA/BNS.


Mink Campers seek EUR 500k funding via Funderbeam to meehigh det the mand

Mink Campers seek EUR 500k funding via Funderbeam to meehigh det the mand

01.07.2020

Innovative Scandinavian travel company - Mink Campers - is raising capital minimum 500 000 euros on global funding and trading platform Funderbeam. The aim is to meet the growing demand for light frameless campers that fill a gap in the market for an environmentally friendly and simple alternative to traditional caravans and campervans. New financing enables the company to relocate the production from Iceland to Latvia, where the new assembly line production facility will be set up, informed Mink Campers representative.

Estonian new car sales drop 62.2% in May y-o-y

Estonian new car sales drop 62.2% in May y-o-y

04.06.2020

The number of new cars sold in Estonia in May, 1,060, was smaller by 62.2% than the number of new cars sold in May 2019, but bigger by over 200 units than in April of this year, figures provided by the Estonian car dealers and service companies association AMTEL show, cites LETA/BNS.


02.06.2020

Lithuania's new car market shrinks 27% in Jan-May y-o-y

A total of 15,506 new passenger cars were registered in Lithuania in January-May 2020, down 26.9% from 21,201 in the same period last year, the market research company Autotyrimai said.

08.05.2020

New automobile registrations fall 55.2% in April in Latvia

A total of 5,200 new automobiles were registered in Latvia in January-April, which marks a decrease of 25.6% as compared to the first four months of 2019; new car registrations this past April decreased 55.2%, the Automotive Association informed LETA.

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