Slovaks bought fewer cars in Q1; older cars dominate, data shows

Slovakia's vehicle market experienced a moderate slowdown in the first quarter of 2026. Imports of used cars declined by 4.5% year-on-year, while the market for new vehicles saw a 6% decrease, according to data from the Vehicle Registration Record (RPZV).

The trend in used car imports indicates a continued demand for affordable vehicles, with cars older than ten years now constituting nearly 34% of the market, up from 31% in 2025. This has contributed to an increase in the average age of the vehicle fleet to 15.05 years, solidifying Slovakia's position among European countries with the oldest vehicles.

This aging fleet presents risks, as data reveals that 62.2% of verified vehicles have a recorded history of damage, and odometer tampering is found in nearly one in five checked cars. Diesel remains the dominant fuel type for imported vehicles, though its share slightly decreased from 58% to 51%. However, electric vehicles (EVs) saw significant growth, increasing from 7% to 10% of imports, aligning with broader market trends.

The EV market in Slovakia is primarily driven by imports, but Chinese brands are emerging as notable contenders among new registrations, challenging established European manufacturers in the mid-price segment. The overall trend suggests a continued rise in EV adoption, mirroring European markets like Germany, where alternative powertrains constitute nearly two-thirds of new registrations. Slovakia has seen a 52% year-on-year increase in new EV registrations in the first quarter of 2026, with over 28,000 electric cars now in operation.