CARACAS, Venezuela -- Car sales in Venezuela fell 60.9 percent in March from year-earlier levels as the country's economic crisis eroded business, the Venezuelan Automobile Chamber said on Friday.
A total of 4,664 cars were sold in March, compared with 11,929 units in March last year.
Accumulated sales to March were 12,876 units, a slide of 73.3 percent from the same period last year.
Car sales have dropped as Venezuela has struggled with deep recession and political instability. A two-month general strike in December and January battered sales further and tight currency curbs introduced in February have also cut into business.
The companies affiliated with the chamber, known as CAVENEZ, are DaimlerChrysler de Venezuela, Fiat Automoviles,IVECO Venezuela, Ford Motor Co., General Motors de Venezuela, Mack de Venezuela, MMC Automotriz and Toyota de Venezuela.
The figures represent the total vehicle sales in Venezuela and also include car models made by non-members of CAVENEZ, such as Mazda Motor Corp. and Volkswagen.