New car registrations up by 16 pct between January and June

More than 94,000 new cars were registered in the Czech Republic in the first six months of the year, which was some 16.4 percent more than in the same period last year, according to figures released on Friday by the country’s Car Importers Association. Sales of trucks, light utility vehicles, and buses also registered an increase. Škoda remains the most popular brand in the Czech Republic with a 30-percent market share, followed by Volkswagen with 9.3 percent and Hyundai with 9.1 percent. Analysts expect car sales for the entire year will see a 5-percent annual increase. However, only 4 percent of the country’s vehicle fleet are annually renewed, one of the lowest rates in Europe, according to the Car Importers Association.

Author: Jan Richter