Bulgaria

With new car sales finally returning to positive growth territory, there are increasing signs of optimism in the Bulgarian electric vehicle (EV) segment. Locally based carmaker Litex... 2011-10-12

BMI expects Bulgaria's automotive market to continue to recover in 2011. We forecast that 21,416 vehicles will be sold in the country in 2011, an increase of 9.94% on the previous year.... 2011-09-01

Luxury car sales in Bulgaria will face higher taxes from next year as a part of the government's anti-crisis measures aimed at cutting down the fiscal deficit.

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... 2010-09-03

Bulgarian truck maker Di-Ven has unveiled its first electric vehicle (EV), testifying BMI's long-term view that the immature EV market leaves a lot of room for new entrants.

Bulgaria may see an influx of investment from Chinese carmakers and parts makers as a result of the increasing bilateral relations between the two countries. The signing of a memorandum... 2010-06-18

Amid rising unemployment and firms suffering from weak profitability, there seems to be little respite for the Bulgarian autos industry in the medium term. Although we expect overall... 2010-04-21

The 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... 2010-03-17

British investment fund Quorus Ventures> will invest BGN100mn towards setting up an electric vehicle (EV) plant in Stara Zagora, Prime Minister Boyko Borisov announced following... 2010-02-16

New vehicle sales in Bulgaria are struggling to recover from the slump in demand in August, which recorded the market's lowest monthly sales in 2009. Although September sales of 1,887... 2009-10-13