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Statistics: 42.2 percent drop in new registrations of passenger vehicles in 2011

The new registrations of passengers vehicles reported a 42.2 percent drop in 2011 compared to the previous year, whereas the cargo vehicles witnessed a 54.6 percent increase, reveals data from the National Statistics Institute (INS). The quoted source reads that the new registrations of road passenger vehicles dropped 54.5 percent last year on a year-on-year basis, with the highest decrease reported at buses (-54.8 percent).There were also lower figures at buses and ...

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