Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / Estonia

Baltics Take A Dive In Autos Downturn

July 2009 | Industry Trend Analysis

The Baltic states are among the European markets hardest hit by the slowdown, according to estimates from the Association des Constructeurs Européens d'Automobiles (ACEA). Latvia, which has almost the same ownership levels as Estonia at 40%, was the worst hit in H109, with a nearly 79% year-on-year (y-o-y) drop in sales to 2,468

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