Record plunge in used car industry

The used car industry in Romania posted the biggest decline in March, of 75%, from 13,060 cars to 52,897 data from DRPCIV show.In the same period of 2009, the used car market grew 259% and slumped 66% in December. The only drop in 2008 was recorded in June (-46%) to 6,493 cars and the biggest increase was observed in December (+471) to 54,712 cars.Used car registrations fell 54% in the first quarter to 35,414 cars, from 76,790 in the year-ago period, but compared to new-car registrations, ...

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