In December, vehicle registrations in Austria grew by 30.48% with respect to December of 2002. In total, 20,265 cars were registered and 334,316 new cars were sold in the last twelve months, 8.07% more than the year before.
The breakdown of car sales figures for the month of December is:
- Commercial vehicles sold: 3,408, 61.29% more than in December of 2002.
- Passenger cars regitrations: 16,857, which represents a figure of 25.63% more than in December of 2002.
Austria is the 12th-placed country in ranking of 23 countries based on number of vehicle registrations.
A very useful variable for estimating the level of economic wealth enjoyed by Austrians residents, when compared to the other countries in the ranking, is the number of vehicles sold or registered per thousand residents in the last year. With annual sales of 41.06 cars per 1,000 residents, 2.49 of them in the last month, Austria, occupies 10th place, so, compared to the other countries in the ranking, its population has a good standard of living.
As can be seen, the number of registrations per thousand residents has grown in the last year. The increase in this figure is positive, as it generally indicates improved public confidence in the country's economy.
Here we show you the progression of vehicle registrations in Austria. You can see car registrations in other countries in en vehicle registrations and see all the economic information about Austria in en Austrian economy.