New Car Sales in Bulgaria Up 27%

Business | March 18, 2014, Tuesday // 15:38| Views: | Comments: 1
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Bulgaria: New Car Sales in Bulgaria Up 27% Photo: ACEA

The sales of new cars in Bulgaria grew by nearly 27% in the first two months of 2014. 

According to the data of the Brussels-based European Automobile Manufacturers' Association (ACEA) in January and February in Bulgaria were sold 2883 new automobiles, which is by 26.5% more than in the same period of 2013. 

In the first two months of 2014 the demand of new cars in the entire EU is on the rise for the sixth consecutive month. The sales grew by 6.6% to 1 796 787. 

In spite the growing sales, however, their absolute value is the second lowest since February 2003 when ACEA started gathering data.

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Tags: car sales, ACEA, EU, Bulgaria
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Fr Jack Hackett - 19 Mar 2014 // 21:10:08

I hope these new cars were not bought using bank loans which may not be able to be repaid

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