Significant Decline in Used Car Registrations

Business › Economy ♦ Published: August 19, 2011; 14:28 ♦ (Vindobona)

Registrations of used motor vehicles in July 2011: -7.5%; passenger cars -6.5%, lorries -11.6%.

Decline in Used Car Registrations / Picture: © Vindobona.org

According to Statistics Austria, a total of 87,617 registrations of used motor vehicles was observed in July 2011, 7.5% less than in the same month in 2010. Used passenger car registrations (69,695 units) decreased by 6.5%.

Lorries (-11.6%) as well as tractors used for agriculture and forestry (-4.8%) recorded a negative result, whereas articulated lorries (+1.3%; +2 units)…

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