The Czech Republic saw a 36 percent year-on-year drop in new passenger car registrations in March mainly because of government restrictions in response to the COVID-19 pandemic, the Car Importers’ Association said Friday.
Statistics from the association show that a total of 13,685 new cars were registered in March this year, down from 21,491 in the same month last year.
“Closure of shops, significant restrictions on the functioning of offices for vehicle agendas and related factors caused a significant decrease in the number of newly registered vehicles,” the association said in a press release.
This steep drop caused a 15.8 percent decline in total first-quarter sales, according to data from the association. In the January-March period, a total of 50,194 new cars were registered, down from 59,616 in the same period last year.
However, the association noted that the data is, to some extent, distorted by the inertia of the sales process and subsequent vehicle registration. Therefore, the overall figures for the month and quarter may not fully reflect the actual situation, it said. Enditem