WARSAW - Poland's new passenger car sales posted a 10th consecutive annual rise in April, underpinning hopes the country's economy already has turned the corner from its worst slowdown in a decade.
Figures published by private car market monitoring agency Samar showed on Thursday that Poles bought 31,281 new cars in April, up nearly 12 percent from the previous month and 21 percent higher than in the same month of 2002.
A prime gauge of consumer confidence, new car sales have benefited from cheaper credits and government measures to stem imports of second-hand cars from the European Union.
Fiat, which produces several of its compact models in Poland, remained the market leader with a share of 18 percent, as the Italian carmaker's sales reached 20,642 units in the first four months, up 18 percent percent from last year.
Volkswagen's zech unit Skoda was second with a 12 percent market share, or 13,069 units. VW itself sold 6,000 cars for a 5-percent market share.
The third position belonged to Renault, whose market share neared 11 percent, with 11,882 units sold.