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New cars registrations shoot up this year

According to the European Automobile Manufacturers' Association (ACEA), the number of new cars registered in Poland in March reached 35,848, which means that year-on-year it rose by 41.3 percent.

This was one of the best results in the whole EU, and in Q1, some 75,000 new cars were registered overall, meaning a 28.9 percent growth y/y.

Overall in the whole EU, in the first quarter of 2014, new passenger car registrations increased by 8.4 percent, totaling 3,246,719 units.

According to Paweł Gos, CEO of Exact Systems, the number of new registered cars in 2014 will reach 310-320,000 meaning a 5-10 percent growth y/y.

Poland A.M.

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