The number of new cars sold in Latvia increased by 7.9% last year / Article

Among them, sales of new passenger cars increased by 6.1% to 14,343 vehicles, while sales of new light commercial vehicles increased by 19.3% to 2,530 vehicles.

In December last year, compared to the corresponding month of the previous year, the number of new cars sold in Latvia increased by 2.7 %% – to 1141 vehicles sold per month. Among other things, sales of new passenger cars increased by 2.9% to 1,001 vehicles, while sales of new commercial passenger cars reached 140 in December, up 2.2% on December 2020.

The most popular last year were Toyota cars – 2,804 vehicles were sold, which is 16.6% of all new passenger cars sold, and 17.8% more than a year earlier.

Followed by Volkswagen with a market share of 11.3% – 1908 vehicles were sold, which is 10.6% less than in the corresponding period a year earlier. Škoda’s market share was 11.2%, with 1,882 new cars sold, down 2.3%.

Peugeot cars are in fourth place with a market share of 6.7% with 1,137 vehicles sold. Peugeot ‘s sales have fallen by 22.4%. The top five most popular car brands are Renault, with a market share of 5.6% with 939 vehicles sold, up 19.9% ​​from a year earlier.

Data compiled by the car association also show that Toyota Corolla cars were the most popular last year – 771 cars of this model were sold. Followed by Toyota Rav4 (676), Škoda Octavia (613), Volkswagen Tiguan (408) and Škoda Kodiaq (366).

Andris Kulbergs, the head of the car association, points out that 2021 was full of challenges for manufacturers, traders and buyers.

“Everyone had to adapt to the ‘new normal’, both in terms of car supplies and climate challenges, and I think it was relatively successful,” says Kulberg.

He points out that 2020 promises to be a breakthrough year for electric cars, which also offers many manufacturers “restart” opportunities. As Kulbergs points out, it can already be observed that a significant breakthrough in this segment is being demonstrated by some manufacturers, who were not the favorites of the internal combustion era in recent years. This will only increase competition and make new technologies more accessible to the general public.

“It is also important to continue and expand the green car support program launched by the Ministry of Environmental Protection and Regional Development (MEPRD), which does not always mean giving money. There are enough tools that can help green our car fleet, such as the tax regulations has proven to be one of the most effective tools for achieving climate goals, “says Kulberg.

The Automobile Association is a professional organization in the automotive industry in Latvia, which unites motor vehicle manufacturers, motor vehicle components and spare parts manufacturers, importers, authorized car dealers, authorized motor vehicle repair and maintenance service providers.

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