New vehicle registrations up 57 pct in Q1

The number of new passenger vehicle registrations dropped 57.4 percent in the first quarter of 2010 from the same period of 2009, and the number of freight vehicle registrations dropped 40.6 percent, shows data centralized by the National Statistics Institute (INS).In Q1 2010 registration numbers dropped y-o-y for all categories of passenger vehicles, with cars taking the steepest plunge of -57.7 pct from Q1 2009; the drop for the buses and mini-buses category was 43.8 percent ...

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