Between January and April, Lithuania recorded a total of 48,921 used and 14,284 new cars registered. Data from Luminor Bank indicates that the SUV (sport utility vehicle) segment continues to represent the most dominant category among both physical and legal entity registrations. According to D.
Mockė, the increased appeal of larger vehicles suggests that SUVs have become the prevailing standard for Lithuanian residents. Families reportedly value the versatility these vehicles offer, making them suitable for routine city travel as well as longer trips or vacations. Furthermore, businesses are drawn to the practicality, comfort, and representativeness that larger SUVs provide to their employees.
When examining the most popular specific models, the trends varied slightly between personal and corporate ownership. For physical entities, the Toyota RAV4 emerged as the most popular choice, followed by the Toyota Yaris Cross, Kia Sportage, Toyota Corolla Cross, VW Tiguan, and Škoda Kodiaq. In the sector of legal entities, the Toyota RAV4 was noted as the most popular model registered.
Overall, the data suggests a sustained market preference for the utility and perceived robustness offered by the SUV segment within the Lithuanian automotive market.
Topics: #cars #most #popular
