In March alone, car registrations climbed 32.4% to surpass monthly sales seen in 2019 before the coronavirus pandemic shattered the market and brought on the supply chain issues that automakers are still grappling with today.
SDA expects car sales to rise to up to 220,000 vehicles in 2023, according to its outlook which is estimated by consultancy PwC, following a drop to 192,087 vehicles last year.
Volkswagen's Czech car brand Skoda Auto remained
the market leader in the first quarter, data showed, followed by
Hyundai Motor Co and Toyota Motor Corp ,
both of which run local production plants.
Around three quarters of registrations are corporate sales.
The share of fully electric vehicle sales rose to 2.4%, SDA
said.
(Reporting by Jason Hovet; Editing by Kirsten Donovan)