Car sales up by one fifth in May

The Association of Automobile Importers has announced substantial growth in the sale of cars in the Czech Republic for the previous month. Domestic sales of new personal automobiles grew year-on-year in May by 20.5 percent to 14,277 vehicles. A 5.5% increase from last year’s first quarter was also recorded, with a total of 62,944 cars sold between the start of the year and the end of May. According to the association, the strong growth has been a direct result of the introduction of the possibility of VAT deductions on the purchase of new automobiles.