New vehicle sales in Peru may increase in 2010

16:38, February 02, 2010      

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New vehicle sales in Peru may grow 10 to 15 percent this year, said Euromotors, a big auto dealer, on Monday.

Gonzalo Oviedo, manager of Euromotors, said the government investment plan may lead to an increase of sales of new vehicle, though the sales dropped last year because of the global finance crisis.

According to the Peruvian Association of Automobile Representatives, sales of new vehicles were 76, 932 units in 2009, a drop of 16.8 percent from the previous year.

However, the global market had stabilized since the second half of 2009. Since then, domestic demand for cars began to grow.

"Small and medium enterprises are purchasing new vehicles for its logistics services," Oviedo said.

Moreover, Euromotors announced that the Volkswagen Caddy Maxi EcoFuel, a model fuelled by compressed natural gas, will be showcased in Peru as part of a proposal to fight climate change.

Source: Xinhua
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