China Brings Hope To Recovering Autos Sector

So far, 2010 has been a mixed picture for the Bulgarian car market. Car sales have continued to fall compared with 2009, but sales have once again begun to pick up. June 2010 has been the best month of the year so far, indicating that sales have begun to increase as the Bulgarian economy begins to recover from the economic crisis. Over the first half of the year 8,998 vehicles were sold -- 5,854 fewer than the first half of 2009. In the first quarter sales shrank by 42.4% year-on-year (y-o-y), a figure which has slowed to 39.4%. BMI expects that many of the lost sales will be recouped in the second half of 2010.

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