Moderate Decline in One-Day Car Registrations

BusinessEconomy ♦ Published: July 22, 2011; 10:09 ♦ (Vindobona)

One-day registrations of passenger cars in the first half of 2011: -0.7%; 5.1% of new passenger cars were deregistered within one day.

Moderate Decline in One-Day Car Registrations / Picture: © Vindobona.org

According to Statistics Austria, a total of 9,524 passenger cars was registered and deregistered within 24 hours from January to June 2011; compared to the same period in 2010 (9,592 registrations) this represents a decrease of 0.7%. In the first six months of 2011, the total number of new registered passenger cars amounted to 187,593 (+10.6%). The share of one-day registrations related…