Companies / Bulgaria
If you would like to subscribe to Emerging Europe Automotives Insight and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Emerging Europe Automotives Insight please click on the trial link below.
The EU Effect
February 2007 | BMI ViewSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
If you would like to subscribe to Emerging Europe Automotives Insight and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Emerging Europe Automotives Insight please click on the trial link below.
EU accession is set to have a major impact on the Bulgarian car market, according to BMI's latest Bulgaria Automotive Report. According to the Union of Importers of Automobiles in Bulgaria (SVAB), automotive sales rose 29.7% y-o-y in 2006. Car sales rose 29.2% to 42,625 units, while truck and bus sales rose 39.3% to 2,675 units, bringing the total to 45,300 units. This exceeded BMI's forecast of 15.8% in the Q406 report, which was based on trends observed in the first three quarters of the year. The results show that Bulgarian sales have maintained the momentum seen in 2005, when