Europe's New Car Sales Grow For Ninth Straight Month

Business | June 17, 2014, Tuesday // 13:52
Bulgaria: Europe's New Car Sales Grow For Ninth Straight Month File photo

European demand for new passenger cars increased for the ninth consecutive month in May, data from the European Automobile Manufacturers Association showed Tuesday.

Car sales rose 4.5% year-on-year in May, slightly slower than the 4.6% rise posted in April.

Bulgaria, however, is among the countries where the new car sales declined, along with Italy, Austria, Belgium, Estonia, Finland and Slovenia.

According to the data, in Bulgaria in May were sold 1802 new automobiles, which is by 2.8% less than in May 2013. 

Overall, new car sales in Bulgaria in the first five months of 2014, have posted a 17.8% increase, year-on-year.

In May, Italy was the only major market to register a decline, down 3.8%. All other significant markets contributed positively to the overall increase, with growth ranging from 0.3% in France to 16.9% in Spain. Sales in Germany advanced 5.2% and by 7.7% in the UK.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Business » Be a reporter: Write and send your article
Tags: new car sales, Bulgaria, europe

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria