Record Results: Car Sales in Croatia Increase Significantly

Lauren Simmonds

This year, 38,480 new cars were sold in Croatia, marking an increase of 22.6 percent.

As Darko Bicak/Poslovni Dnevnik writes on the 20th of September, 2018, during the summer months, and especially in July and August, the demand for new cars across Europe and in the Republic of Croatia increased rapidly, according to a report on the topic from the Association of European Car Makers (ACEA).

It is estimated that the unusual trend in the summer sale of cars was caused by considerable discounts ahead of the introduction of the more stringent exhaust emission tests, which have been being enforced since September the 1st this year.

Owing to that, in the EU, 1.3 million new cars were sold in July, which is 10.5 percent more than were sold during the same month last year, and in August, which is traditionally the weakest month for car dealers, sales growth was up by a significant 31.2 percent, with 1.1 million new vehicles sold.

Record results were recorded on almost all major European markets: Spain experienced growth of 19.3 percent, France 18.9 percent, Germany 12.3 percent, while slightly lower growth was in Italy by 4.7 percent, and by the United Kingdom with 1.2 percent. Growth in August was even higher, seeing Spain’s car sales grow by 48.7 percent, France by 40 percent, Germany by 24.7 percent, and the United Kingdom by 23.1 percent.

In August, according to ACEA’s data, 3,190 new cars were registered in Croatia, which equals 32.4 percent more than were registered during the same month last year. In July, that number rose by 43.7 percent to 5,719 new cars. When looking at the first eight months of 2018 compared to the first eight months of 2017, Croatia experienced a total growth of 22.6 percent with a total of 38,480 new cars.

When looking at EU member states according to the criteria of “old” and “new” members, then growth (old) in August in the EU stood at 28.1 percent, while in growth (new) was twice as strong with almost 100,000 cars sold.


Click here for the original article by Darko Bicak for Poslovni Dnevnik


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