Latvian car sales during the first eight months of 2008 declined by some 34.9% on last year to 14,830 cars, according to the Latvian Authorized Car Dealers Association.


In August, 1,450 new cars were registered in Latvia, the lowest monthly figure so far this year, the association said.


Toyota was the most popular brand in the Latvian new car market in the eight months, with 1,793 new cars registered. Volkswagen was second with 1,595 registrations and Skoda was third with 1,206 registrations. Honda followed with 871 registrations, off 52.9 percent on last year.


Most manufacturers saw declines against the worsened economic backdrop, but some brands bucked the trend – including Nissan, Lada and Fiat.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now