Slovakias October new car sales fall 6% y/y.

By bne IntelliNews November 10, 2011
Sales of new cars in Slovakia dropped 6.04% y/y to 5,751 units in October 2011, following a 4.44% annual decline in September, the Slovak Automotive Industry Association (ZAP) said. For the first ten months of the year, sales rose 11.72% y/y to 55,705 cars. Skoda kept its leading position in the passenger car segment with a 20% market share at the end of October, followed by Volkswagen with share of 8.78% and Kia with 7.02%. Sale of trucks, weighing 3.5 tonnes to 12 tonnes, rose 14.72 y/y to 413 units in the ten-month period, and sales of heavy trucks above 12 tonnes jumped 92% to 2,685 units. Italian Iveco topped the light trucks segment with a 50.85% market share, while Volvo led with a 23.17% market share in the heavy trucks segment. A total of 219 new buses were sold in the country from January to October, down 37.96% y/y, with Irisbus as the largest seller with a 71.69% share.

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