In the first five months of the year, a total of 9,987 new cars were sold in Latvia, 29% down on last year, according to data from the Latvian Authorised Automobile Dealers Association.
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Toyota leads the market in Latvia and Toyota registrations totaled 1,210 cars in in the first five months of the year, 32.6% down on last year’s pace.
A total of 32,497 new cars were registered in Latvia in 2007, which was 26.8% ahead of the previous year, so this year’s market decline is coming off a high base.
