The sharp decline reflects a much weakened local economy and the continued impact of a credit squeeze.
The Latvian Authorised Car Dealers Association says that passenger car sales in the first four months of the year totalled 1,636 units – 80% down on the same period last year.
Volkswagen was the market leader – with 265 units registered. Toyota ranked second with 186 new car registrations.
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Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
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