Car sales up 12% in Jan-March
New and used car sales continued to rise in the first quarter of the year, following a trend seen from last year when consumers preferred to buy a car for cash and not owe any money to the banks.
The statistical service Cystat said that the total number of motor vehicle registrations increased by 12.3% to 5,840 in JanuaryMarch, up from 5,201 vehicles in the same period of 2014.
Private saloon cars increased by 9.1% to 4,567 from 4,186 in January-March 2014. Of the total, 2,082 vehicles or 45.6% were new and 2,485 or 54.4% were used cars. All other categories recorded decreases. Goods conveyance vehicles were down by 7.4% to 386 in January-March, compared to 417 in January-March 2014.