Industry / Bulgaria
Positive Year Possible As Sales Drops Decelerate
March 2010 | Industry Trend AnalysisThe fall in new vehicle sales in Bulgaria has begun slowing and could make way for positive growth this year, local industry experts believe. The optimism comes on the back of estimates from the Association of Car Producers and Authorised Dealers (SVAB) which show that although new car sales in February fell 44% year-on-year (y-o-y), to only 1,248 units, it is less severe than the 47.6% y-o-y fall seen in January.
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