BUSINESS IN SHORT

Car sales drop by half in April

THE NUMBER of cars sold in Slovakia in April 2010 was 50.5 percent less than in the same month last year, due mainly to the artificially high demand created last year by the government’s car-scrapping scheme, the Sme daily reported.

THE NUMBER of cars sold in Slovakia in April 2010 was 50.5 percent less than in the same month last year, due mainly to the artificially high demand created last year by the government’s car-scrapping scheme, the Sme daily reported.

Slovakia’s year-on-year fall in car sales was the second largest in Europe, with only Bulgaria recording a slightly larger drop, at 50.8 percent, according to statistics released by the European Car Industry Association.

Year-on-year car sales rose in France and in Great Britain, and Spain recorded a sales increase of over 39 percent.


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