Revenues from sale of vehicles rise signicifantly

REVENUES from activities and goods increased in the sale and repair of motor vehicles and motorcycles by 8.3 percent month-on-month in September 2015, the Slovak Statistics Office reported on Thursday.

More cars roll off the lines in Slovakia.More cars roll off the lines in Slovakia. (Source: Courtesy of KMS)

Revenues in the wholesale sector rose by 1 percent m-o-m, while those in accommodation went up by 0.8 percent and those in retail rose by 0.7 percent,

Revenues from the sale and repair of motor vehicles and motorcycles grew significantly year-on-year in September 2015 - by 23.9 percent. This was due to growth in sales of 33.1 percent y-o-y and in sales of parts and accessories by 8.5 percent. Revenues from the repair and maintenance of vehicles dropped by 1.9 percent y-o-y.

Over the first nine months of 2015 revenues from the sale and repair of motor vehicles and motorcycles increased by 15.4 percent y-o-y, mainly due to growth in sales of motor vehicles by 23 percent y-o-y and in sales of parts and accessories by 1 percent. Revenues from the repair and maintenance of vehicles dropped by 1.4 percent y-o-y between January-September.

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