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 Bulgaria's New Car Market Sees Total Collapse

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mickhev
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PostSubject: Bulgaria's New Car Market Sees Total Collapse   Bulgaria's New Car Market Sees Total Collapse Icon_minitimeThu Feb 11, 2010 4:24 pm

The sales of new cars in Bulgaria dropped by almost 50% in January 2010 year on year.

According to data of the Association of Car Producers and Authorized Dealers, only 1 160 new cars were sold in Bulgaria in the first month of the year, a 47,6% decline compared to the number sold in January 2009.

(The January 2009 figure itself showed about 50% decline compared to the number of new cars sold in January 2008, several months before the economic crisis kicked in.)

Three brands have managed to increase their sales of new cars on the Bulgarian market in January 2010 – Kia (up by 43,3%), Renault (41,9%), and Dacia (38%). However, these three brands actually sold only 225 cars combined, which is a market share of only 20%.

Citroen, Volkswagen, and Mercedes saw sizable drops – 72,4%, 69,7%, and 67,2% respectively. Volvo sold only 10 new cars in Bulgaria in January (65,5% drop), and BMW – only 25 new cars (59% decline).

Only three new motorbikes were sold in Bulgaria in January 2010 – 2 Yamaha and 1 Honda bike;
the decline is 50% year on year.

The sales of new buses dropped by 42,7% - down to 55 vehicles.
Sofia News Agency


Last edited by 233 on Thu Feb 11, 2010 4:56 pm; edited 1 time in total (Reason for editing : Location of news)
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Loupylou
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PostSubject: Bulgaria's New Car Market Sees Total Collapse   Bulgaria's New Car Market Sees Total Collapse Icon_minitimeFri Feb 12, 2010 9:06 pm

But the sales of 20 year old ladas and wurtburgs went through the roof
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mickhev
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PostSubject: Bulgaria's New Car Market Sees Total Collapse   Bulgaria's New Car Market Sees Total Collapse Icon_minitimeFri Feb 12, 2010 10:25 pm

Yes they are all buying ladas but from this summer in Sofia all cars that are not fitted with cat converters are being scrapped they say over a million cars will be taken off the road and crushed,i will try and find the article and post it



Mike
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davshaz
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PostSubject: Bulgaria's New Car Market Sees Total Collapse   Bulgaria's New Car Market Sees Total Collapse Icon_minitimeSat Feb 13, 2010 2:21 pm

That will be an interesting article to read mikehev hope you find it
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PostSubject: Re: Bulgaria's New Car Market Sees Total Collapse   Bulgaria's New Car Market Sees Total Collapse Icon_minitime

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