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Market shares

Which brands lead in Latvia?

Latvia, 2024. Share of all registrations in the selection.

A closer look at the brands

Market share, changes and powertrains. Choose a brand to understand its position in the market.

Toyota

16.4%

of new registrations

Share change −3.4 pp Registration growth −21.8%

Škoda

15.0%

of new registrations

Share change +0.5 pp Registration growth −2.4%

Volkswagen

11.5%

of new registrations

Share change +0.8 pp Registration growth +1.7%

Dacia

5.5%

of new registrations

Share change +0.2 pp Registration growth −2.4%

Kia

4.6%

of new registrations

Share change −0.3 pp Registration growth −11.4%

BMW

4.4%

of new registrations

Share change −0.1 pp Registration growth −7.5%
All brands and figures · 46

46 brands

Share of 17,232 registrations

Brands, sortable
Rank Brand Registrations vs previous year Share Share change
1 Toyota 2,833 −21.8% 16.4% −3.4 pp
2 Škoda 2,592 −2.4% 15.0% +0.5 pp
3 Volkswagen 1,984 +1.7% 11.5% +0.8 pp
4 Dacia 943 −2.4% 5.5% +0.2 pp
5 Kia 801 −11.4% 4.6% −0.3 pp
6 BMW 755 −7.5% 4.4% −0.1 pp
7 Audi 752 +25.8% 4.4% +1.1 pp
8 Nissan 687 −22.5% 4.0% −0.9 pp
9 Hyundai 668 −10.1% 3.9% −0.2 pp
10 Peugeot 664 +32.8% 3.9% +1.1 pp
11 Renault 633 +61.5% 3.7% +1.5 pp
12 Volvo 447 +17.3% 2.6% +0.5 pp
13 Opel 367 +22.3% 2.1% +0.5 pp
14 Mercedes-Benz 366 +3.7% 2.1% +0.2 pp
15 Cupra 338 −24.9% 2.0% −0.5 pp
16 Porsche 324 +20.9% 1.9% +0.4 pp
17 Ford 313 −43.6% 1.8% −1.2 pp
18 Subaru 306 −18.6% 1.8% −0.3 pp
19 Lexus 289 +2.1% 1.7% +0.1 pp
20 Citroën 167 +12.8% 1.0% +0.2 pp
21 Land Rover 156 −9.8% 0.9% 0.0 pp
22 Great Wall 151 – 0.9% +0.9 pp
23 Honda 131 +12.0% 0.8% +0.1 pp
24 Tesla 121 −22.9% 0.7% −0.2 pp
25 Mazda 119 −17.4% 0.7% −0.1 pp
26 SEAT 109 −51.1% 0.6% −0.6 pp
27 Suzuki 63 −38.2% 0.4% −0.2 pp
28 Jaguar 33 +94.1% 0.2% +0.1 pp
29 MINI 31 −32.6% 0.2% −0.1 pp
30 SsangYong 19 +137.5% 0.1% +0.1 pp
31 Bentley 18 −50.0% 0.1% −0.1 pp
32 McLaren 8 +300.0% <0.1% 0.0 pp
33 Alfa Romeo 7 −12.5% <0.1% 0.0 pp
34 Maserati 7 −41.7% <0.1% 0.0 pp
35 Fiat 5 +66.7% <0.1% 0.0 pp
36 Aston Martin 4 −20.0% <0.1% 0.0 pp
37 Lamborghini 4 +300.0% <0.1% 0.0 pp
38 Mercedes-AMG 4 −42.9% <0.1% 0.0 pp
39 Jeep 3 0.0% <0.1% 0.0 pp
40 KG Mobility 3 – <0.1% 0.0 pp
41 Dongfeng 2 – <0.1% 0.0 pp
42 Chevrolet 1 – <0.1% 0.0 pp
43 DFSK 1 0.0% <0.1% 0.0 pp
44 Ferrari 1 – <0.1% 0.0 pp
45 Forthing 1 −50.0% <0.1% 0.0 pp
46 Seres 1 – <0.1% 0.0 pp
Choose another period or refine the analysis Year, market and filters

Source: European Environment Agency (EEA), CC BY 4.0. New passenger car registrations, 2024.