Cars : New vehicle registrations slide by 24 pct this July

Registrations of new vehicles fell by over 24 percent in July down to 8,300 units, compared to the same month of 2011, with most registrations being reported in cars, namely 6,005 units (minus 29.36 percent), reveal the statistics of the Driving Licenses and Vehicle Registration Department (DRPCIV).According to the above-quoted source, 8,300 new vehicles have been registered in July, the equivalent of a 24.01 percent decline compared to the same interval of the ...

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