car market

Strong growth signals return to Serbia’s new car market

Serbia's new vehicle market has shown significant growth as it entered 2026, continuing the recovery trend established throughout 2025. This growth is primarily driven by increased private consumption and the renewal of vehicle fleets, reflecting a robust demand environment. Data from the Serbian Association of Vehicle and Parts Importers indicates that in the first quarter of 2026, there were 8,120 registrations of new passenger cars and light commercial vehicles. This marks an increase of 1,145 units year-on-year, translating to a…