BUSINESS IN SHORT

New car registrations down in May

THE NUMBER of new passenger cars and small utility vehicles registered in Slovakia in May this year fell 43.73 percent from a year ago, to 5,398 vehicles. The Slovak Automotive Industry Association announced that the expected decline in new registrations from a year ago had continued, though it was not as steep, the SITA newswire reported.

THE NUMBER of new passenger cars and small utility vehicles registered in Slovakia in May this year fell 43.73 percent from a year ago, to 5,398 vehicles. The Slovak Automotive Industry Association announced that the expected decline in new registrations from a year ago had continued, though it was not as steep, the SITA newswire reported.

Last year, new car purchases were stimulated by two rounds of government car-scrapping subsidies.

In the January-May period, 24,971 vehicles were registered, almost 32 percent less than in 2009.

Škoda topped the chart of the best-selling passenger cars and small utility vehicles, with nearly 19 percent of the market. Volkswagen had around 7.7 percent, and the number three, Renault, held slightly less than 7 percent of the market.


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