Passenger car market – Report for February 2017

If you are interested in car market movement and growth, read the report for January 2017
Passenger car market – Report for February 2017
1 February 2017
Passenger car market – Report for February 2017
2,833 new passenger cars were sold in Croatia in January, which is 16.7 percent or 406 units more than in January of 2016, and the first month of this year also brought an increased number in premium vehicle registrations, according to the Promocija Plus agency.
In January, the greatest success in sales among the brands present on the Croatian market was achieved by Volkswagen with 416 new vehicles sold and a market share of 14.7 percent.  They are followed by Škoda with 247 vehicles and a share of 8.7 percent and Hyundai with 173 vehicles and a market share of 6.1 percent. Then comes Renault with a 6-percent share and 169 cars sold and Suzuki with 161 vehicles and 5.7 percent of the market. The top ten manufacturers also include Toyota, Peugeot, Opel, Ford and BMW. The latter sold 129 units and the bestselling premium brands also include Audi with 103 cars and Volkswagen Passat with 87 units.

What is SMVT?
According to the amendments to the Special Motor Vehicle Tax Act, a special tax has been levied since 1 January 2017 based on carbon dioxide (CO2) emissions, the vehicle’s selling price, engine power and displacement, and exhaust gas emissions. For used vehicles, the special tax is payable in an amount equaling the residual special tax determined according to the percentage of motor vehicle’s decrease in value on the Croatian market.

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