ECONOMY

Car registrations grow 10.6 pct in November

Car registrations grow 10.6 pct in November

New passenger car registrations increased by 10.6 percent on an annual basis last month, according to provisional figures by the Association of Car Importers-Representatives (SEAA) issued on Friday.

In total over the first 11 months of 2017 the registrations of new passenger cars grew 11.6 percent from the same period last year.

Interestingly trucks posted an 18.2 percent yearly increase in the January-November period, while new motorbikes (over 50 cc) showed a significant decline of 24.4 percent.

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