Industry Reaps Scrappage Rewards In H1

New car sales in Slovakia increased by 18.4% year-on-year (y-o-y) to 41,300 units in H109, due largely to the government scrappage scheme introduced in March. Economy Ministry has estimated that nearly 35,897 consumers benefitted in the period, leaving 8,303 more vehicles eligible in H209. The government, which plans to spend EUR55mn on the project this year, hopes to support 44,200 new car sales.

To read the full article, please choose one of the following options: