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Thursday, 25.04.2024, 09:11
Re-exports continue to drive growth in Lithuania's new car market in Jan-Aug
BC, Vilnius, 04.09.2017.
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Print versionDriven by re-exports, Lithuania's new car market expanded by 20% in January through August year-on-year and soared by 40% in August alone, the market research company Autotyrimai said, cites LETA/BNS.
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"Re-exports continue to significantly contribute to the market growth:
333 of the new cars registered in August were removed from the register by the
end of the month and at least 29 more will be deregistered shortly," it
said in a press release.
A total of 18,900 new cars were registered in Lithuania during the eight
months, a rise of 19% from the same period last year. In August alone, new car
registrations surged by 37% year-on-year to 2,419 units, Autotyrimai said, citing figures from the state car registration
company Regitra.
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