Toyota, Lexus Record 40% Drop in Bulgaria Sales in 2008

Business | July 1, 2009, Wednesday // 19:33
Bulgaria Toyota, Lexus Record 40% Decrease in Bulgaria Sales in 2008: Toyota, Lexus Record 40% Drop in Bulgaria Sales in 2008 The overall profit of the company was BGN 116,6 M in 2008. Photo by Toyota

The Japanese care makes Toyota and Lexus recorded a 40% decrease in the number of cars sold in Bulgaria in 2008.

The data was announced Wednesday by TM Auto, the official Toyota dealer in Bulgaria.

The overall profit of the company was BGN 116,6 M in 2008. The net profit decreased by 71% to BGN 5,1 M, while the gross profit fell by 56% to 12,6 M in 2008 compared to 2007.

TM Auto's future goals are to increase its market share, to finish the construction of the new trade center, and to optimize company's expenses.

 

Business » Be a reporter: Write and send your article
Tags: Lexus, Toyota, car sales

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