Monday, January 21, 2019

New car sales drop 11.5 percent. KIA tops the chart


New vehicle sales and registrations declined more than 11 percent in 2018, following changes in lender requirements.

Overall vehicle sales in 2018 dropped 11.5 percent from the preceding year, with 35,300 private and commercial vehicles registered.

New passenger vehicle registrations in 2018 declined 11.3 percent from the preceding year to reach 33,000. Some 2,289 commercial vehicles were registered in 2018, a decline of 13 percent during the same period.

The decline in sale...

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