Czech AAA Auto says 9mo sales rise 15.1%.

By bne IntelliNews October 5, 2012
The Czech Republic's largest used car dealer AAA Auto sold 39,002 cars in the first nine months of 2012, up by 15.1% y/y, the company said on its website. In the third quarter alone, sales grew 13.1% on the year to 8,532 cars driven by the strong Slovak market. Sales in Slovakia jumped 30.7% y/y to 3,049 units in Q3, while sales in home edged 0.7% down to 8,591. "According to our analysis, the flat result in the Czech Republic was caused by widely medialized repeated problems of the car register (CRV) in the second half of August and beginning of September. Even though we made maximum effort to explain we solve all paperwork for customers by ourselves, people started to postpone car purchase and were waiting for conditions at the CRV to improve. This was confirmed by our telemarketing research among our customers, too," AAA AUTO general director Karolina Topolova said. In Russia, where AAA AUTO Group opened its first branch in September 2011, the group sold 645 cars in the third quarter. AAA Auto targets to sell 50,000 cars in full-2012. The company has 29 branches in the Czech Republic, Slovakia and Russia.

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