Sustained Growth On The Cards Beyond 2011 Recovery

Looking at trends so far in 2011, a total of 18,722 new vehicles have been registered in Lithuania over the Jan-Oct period, according to data provided by Regitra, indicating that the full year should see total new vehicle sales somewhere in the region of 22,466 CBUs on current sales trends. This would represent a tripling of sales on 2010's figures. Of this total, some 10,269 passenger cars were sold over the first nine months of 2011, so we are now forecasting sales of 12,356 CBUs for the full year, an increase of 65.5%

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