Registrations of commercial vehicles fall by 25.3%
The number of registrations of new commercial vehicles decreased by 25.3% y/y to 5,689 units in the Czech Republic in 1Q 2020. The registrations reached 1,738 vehicles (-36.5%) in March. In Slovakia, the number of new registrations in the segment fell by 23.2% to 2,246 units in 1Q and by 41.1% to 611 vehicles in March. In EU, the demand dropped by 23.2% y/y to 413,327 units in a period from January to March. In March, the demand decreased by 47.3% to 105,196 registrations. This stems from data presented by the European Automobile Manufacturers' Association (ACEA).
Source: CIA News