Analytics, Car market, Estonia, Good for Business, Transport

International Internet Magazine. Baltic States news & analytics Monday, 20.05.2019, 01:58

Over 25,000 new cars sold in Estonia in 2018

BC, Tallinn, 08.01.2019.Print version
A total of 25,387 brand new passenger cars were sold in Estonia in 2018, 3.6 percent more than in 2017., reported LETA/BNS.

In December, new car sales declined 2.9% year over year to 1,113 units, the Estonian association of car dealers and service companies AMTEL said.

"The Estonian car market behaved more or less as predicted last year. The year started with active swapping of cars for smaller ones as a result of the change in the rules for the calculation of the fringe benefit tax on cars. After that the market stabilized until the pre-registration of cars in August as a result of the stepping into force of WLTP," AMTEL manager Arno Sillat said, referring to the Worldwide Harmonized Light Vehicle Test Procedure (WLTP).

Sillat said that in the following months the market stabilized, but at a lower level than expected.

"2019 could be viewed as a year of stabilization and preparation for major structural changes. While sales volumes will remain more or less on the level of the past year, in the first months of the year there will definitely be a lag compared with 2018," he said. 

The best-selling segment in the 12 months was smaller medium cars, which accounted for 23.6% of the total number of new cars sold in Estonia. Medium and smaller SUVs were popular as well, accounting for respectively 21% and 17.1% of sales.

Hybrid cars sold during the year numbered 1,602, electric cars 84, and new CNG and LPG powered cars 110 and 62, respectively.

The list of manufacturers was topped by Toyota with 4,099 new cars sold, followed by Skoda with 3,144 and Renault with 2,509 units. Of models, Skoda Octavia was the number one with 1,025 units, Toyota RAV4 second with 997 and Rernault Clio third with  861 units.

Sales of new utility vehicles grew 3.7 percent on year to 6,227 units. Citroen was the number one with 914 units sold, followed by Renault and Peugeot with respectively 729 and 664 units.

Scania topped the list for trucks with 359 units sold. Volvo and Mercedes-Benz were in places two and three with 305 and 111 trucks sold, respectively. 

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