The findings are that new light-vehicle (M1&N1) registrations in the Baltic States decreased by 1.8% to 19,296 units in the third quarter of 2024, though the picture varied across the three different countries.
While Lithuania recorded a 3.5% increase in registrations (to 7,953 units), Latvia shrank by 11.5% (to 4,820 units), and Estonia grew just by 0.2% (to 6,523 units).
As for country share, Lithuania accounted for 41.2% of the total, while Latvia and Estonia respectively had 25.0% and 33.8% shares.
There were 17,349 passenger cars (+2.6%) and 1,947 light commercial vehicles (-28.7%) registered in the Baltic States in the third quarter of 2024. The best performing brands were Toyota (2,993 units), Skoda (2,868), Volkswagen (1,929), Peugeot (1,267) and Kia (1,178).
The most popular models were Skoda Kodiaq (774 units), Volkswagen Tiguan (723), Kia Sportage (679), Toyota RAV4 (670), and Skoda Octavia (661).
New light-vehicle registrations in the Baltic States decreased by 5.1% to 58ʼ181 units in the first 9 months of 2024. Lithuania grew by 1.8% to 24ʼ374 units; while Latvia was down by 10.3% to 15ʼ024 units, and Estonia – by 8.8% to 18ʼ783 units.
Some country-specific details regarding III quarter of 2024 can be found in the table below.
