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Car Ownership In Armenia Keeps Rising


Armenia - Cars parked in downtown Yerevan, 7Aug2013.
Armenia - Cars parked in downtown Yerevan, 7Aug2013.
The number of officially registered cars in Armenia rose by around 15 percent to just over 388,000 last year, according to government data made public on Thursday.

The Office of the Prosecutor-General cited the figure in an annual report on criminal cases stemming from traffic accidents. It said annual growth in car ownership stood up less than 6 percent in 2011.

The increase in the number of all vehicles, including trucks and buses, was also more modest in 2012. There were more than 483,600 of them as of January 1, 2013, a year-on-year rise of almost 9 percent, the prosecutors’ report said.

The figures seem at odds with import data from Armenia’s National Statistical Service (NSS). According to the NSS, the monetary value of imports of vehicles and other transport equipment fell by 5 percent to $351.4 million in 2012.

European and U.S. used cars clearly accounted for the bulk of those imports. They make up the majority of cars in the country despite recent years’ increase in the number of authorized dealerships selling brand new vehicles.

The prosecutors also said that 311 people died in over 2,700 traffic accidents registered in Armenia last year.
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