Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Bulgaria's New Cars Market Starts to Pick Up Tangibly
BULGARIA'S NEW CARS MARKET STARTS TO PICK UP TANGIBLY
Date: 12/02/2011
Source: novinite.com
Bulgaria's New Cars Market Starts to Pick Up Tangibly

After it collapsed by some 50% y/y in 2009 and by 25% in 2010, Bulgaria's market of new vehicles has started to show more tangible signs of recovery.

A total of 1 464 new cars were bought in Bulgaria in January 2011, a growth of 18% year-on-year when the sales were 1160. Thus, the new car sales in Bulgaria increased for a third month in a row.

19 motorbikes and 79 new trucks were sold in Bulgaria in January but not a single new bus, according to data of the Association of Car Importers.

Volkswagen ranked first in January with 197 new car sales, followed by Toyota with 144, and Peugeot with 132.

In November 2010, Bulgaria's new cars market grew by 10% year-on-year, while in December the sales saw a 27% increase year-on-year, when a total of 2758 sales were made – the highest monthly number in 2010.

According to Stoyan Zhelev, head of the Association of Car Importers, it is too early to mark a trend since people in Bulgaria still don't have the security they need in order to make a purchase of a new car.


Topic: Economy



Featured District
VARNA DISTRICT AND CITY INFORMATIONVarna
Invest Bulgaria Charts
Tax Revenue of Bulgaria
Tax Revenue of Bulgaria

Employed People in Bulgaria
Employed People in Bulgaria

See all charts
Did You Know?
Bulgarian Head Nod
Bulgarian Head Nod
When Bulgarians nod their heads up and down, they mean NO. When they move their heads from side to ... More

Gena Dimitrova is reputed to possess one of the most prestigious voices ever, one of the few dramatic sopranos of the past 30 years, belonging to that class of artists who have tackled with disarming ease the most demanding of the heavyweight roles. Her voice blends an inherent lyrical beauty, superbly sustained by the refined technique of a soprano leggero with an impressive dynamic range culminating in an intensely powerful volume.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2019 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


Bulgaria Translation Bulgarian Agriculture Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works, creators of Uudet Nettikasinot 2019, 最新カジノ and Svenska Casinon. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members