25 percent Decline in New Cars
The economic crisis is clearing be felt in Finnish car-sales. According to Statistics Finland, registration of new cars has fallen by a quarter since this time last year.
In July 2011, 7316 new passenger cars were registered compared to just 6443 this July. According to Statistics Finland, there has been a decline in the registration of all kinds of new motor vehicles in Finland over the last year, but the decline in the registration of new cars is by far the steepest.
It seems that, with everyone tightening their belts, the old car is indeed made to last longer or replaced by one that is second-hand.