Autos Take A Dive As Economy Plunges

New vehicle sales in Bulgaria fell more than 50% in H109, to 14,582 units, according to estimates from the Association of Car Manufacturers and Their Authorised Representatives for Bulgaria (SVAB). BMI believes that the fall comes on the back of tight credit and leasing conditions in the country which had otherwise enjoyed strong growth due to cheap credit and market optimism during the past couple of years.

To read the full article, please choose one of the following options: