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.
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.
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