Bulgaria Auto Market Continues to Slide

Business » FINANCE | February 10, 2010, Wednesday // 17:18
Bulgaria: Bulgaria Auto Market Continues to Slide January new car sales in Bulgaria fell by almost a half, with Citroen and Volkswagen worst affected. Photo by bulgarianinside.com

January 2010 saw new car sales in Bulgaria fall by 47,6%, with Citroen and Volkswagen the hardest-hit manufacturers.

The crash of the auto market continued its negative trend, according to data released by the Association of Automobile manufacturers on Wednesday.

A total of 1 160 new car were sold throughout the month, a drop of 47,6% compared with January 2009.

The only three car makers who showed a growth in sales were Kia, Renault and Dacia, who achieved increased sales of 43,3%, 41,9% and 38% respectively. The three marques represent less than 20% of the market, with 225 new cars sold.

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

Finance » Be a reporter: Write and send your article
Tags: Bulgaria, car sales, Citroen, Volkswagen, Kia, Dacia, Renault

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