DiasporaPublished: 3 July 2026 at 06:36
New Car Market in Latvia Declines by a Few Percentage Points
Data from the European Automobile Manufacturers' Association shows that from January to May, the new car market in Latvia decreased by a few percentage points, making it one of nine European countries to experience a decline.
According to data published by the European Automobile Manufacturers' Association, which represents virtually all automakers operating in Europe, the new car market in Latvia has seen a slight decline. Between January and May, the market volume decreased by a few percentage points. Latvia is one of nine European countries where such a decline was recorded. The association's data provides an overview of the overall market trend. In other European countries, the new car market has remained stable or grown.
