2014 has proved a positive year for new vehicle sales within Latvia. Over the first nine months of the year,
passenger car (PC) sales were up by 19% year-on-year (y-o-y), at 9,239 units, according to figures from the
European Auto Manufacturers Association (ACEA).
On the comme ..."
BMI forecasts a 1.4% drop in total vehicle sales in 2013, despite an expected uptick in the passenger car
segment, on the back of our bearish outlook for commercial vehicles (CVs). In 2014, we forecast a 4.2%
increase in vehicle sales as the industry shows signs of re ..."