Buyers downshift into low gear

  • 2010-07-15
  • By Ella Karapetyan
TALLINN - New Bentleys, Lamborghinis and Hummers are rarely seen on the streets of Tallinn and its vicinity these days. The dramatically falling number of new car sales in Estonia has become a shocking reminder of the ongoing economic slowdown.The number of newly registered European luxury cars is constantly falling. Eesti Ekspress mentioned that “in 2009, a total of 9,948 new cars were registered in Estonia; 24,590 news cars were registered in 2008, and the record, in 2007, was 30,916.” BMW, Mercedes, Lexus, and Audi, as well as most other brands, are confronting the sh...
 
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