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

Latvia

Latvia Articles

Industry

The effects of the global economic crisis have significantly impacted the autos industry in Latvia, as is evident from an 80.5% year-on-year (y-o-y) drop in sales, to only 3,745 units,... 2010-02-02


Companies

The Latvian government has increased the annual duty paid on vehicle registration from the start of 2010. The government hopes the raise will bring extra revenue of LVL39.24mn to... 2009-12-03


Industry

Latvia's new car sales in October were the lowest of the year, with only 218 units sold, 22 fewer than in September and lower than July's 223 sales. The estimates from the Latvian... 2009-11-12


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Industry

New car sales in Latvia fell a staggering 80.2% year-on-year (y-o-y), to 3,179 units in 9M09, according to estimates from the Latvian Authorised Car Dealers' Association (LPAA). BMI... 2009-10-15


Industry

News: According to LETA, data from the Latvian Authorised Car Dealers' Association (LPAA) indicates that new car sales in the country were down by nearly five times during the January-August... 2009-09-15


Industry

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,... 2009-07-17


Industry

SEB Leasing, the vehicle leasing division of one of Europe's largest banks, SEB, believes that the market for leased vehicles in Latvia will pick up 'up once the economic situation... 2009-02-16


Finance

Kommest Auto, an authorised Peugeot dealer in Estonia that was bought by Latvian businessman Toomas Rüütmann last year, has filed a legal claim against one of Latvia's largest banks,... 2008-09-15