Industry / Latvia
Strong Recovery Going To Plan
November 2011 | BMI Industry ViewIn 2010, 4,976 new cars were sold in Latvia, according to data from the Latvian Authorized Automobile Dealers Association (LAADA). This represented a 32.9% increase on the 3,745 new cars that were sold in 2009 and reflected BMI's view that Latvian auto sales were set to bounce back over 2010. There were also 1,076 commercial vehicles sold over the year, an increase of 48.4% year on year (y-o-y), plus 137 buses (up 95.7%). This made for a total of 6,189 new vehicles sold in Latvia during
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