Change Of Ownership For Auto Distributors

New car sales in Bulgaria dropped by more than 51% year-on-year (y-o-y) to 6,898 units in Q109, according to estimates from the Union of Automobile Importers In Bulgaria (SVAB) The fall in demand has hurt local distributors and wholesalers such as Avto Union AD, making it difficult for them to make their regular debt payments.

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