Car Market Grows Slightly in October

BusinessEconomy ♦ Published: November 10, 2011; 11:26 ♦ (Vindobona)

New passenger car registrations increased by 0.7%; the mark of 300,000 registrations has already been exceeded in the year 2011.

Car Market Grows Slightly in October / Picture: © Vindobona.org

According to Statistics Austria, a total of 34,732 new motor vehicles was registered in October 2011, 2.6% more than in previous October and 9.6% less than in September 2011. 28,909 new passenger cars were registered and therewith increased by 0.7%; the share of new passenger cars related to the entire number of registrations was 83.2%.

In October 2011 a total of 28,909 new…