Your personal data

We collect and process your personal data. To secure your rights under the General Data Protection Regulation, we ask for your consent. The IG Brokers website uses cookies to function properly and improve its efficiency. For more information: Cookie Policy

Bulgaria is in the top ten of the EU in car sales

NEWS_PUBLISH_DATE 19 May 2014
Bulgaria is in the top ten of the EU in car sales image

The registration of new passenger cars in the European Union in April marked an increase for the eighth consecutive month, according to data from the Association of European Automobile Manufacturers (ACEA), BNR reported.

Sales (registration) of new passenger cars in the EU increased in the fourth month of the year by 4.6% on an annual basis (compared to April 2013) after growing by 10.6% in March.

For the first four months of the year, the registration of new cars increased by 7.4% (compared to the same period last year) to 4.336 million.

Although about 1.89 million new passenger cars were registered in April, this is the third weakest result for April since the ACEA began its study in 2003.

Sales of new cars in Spain in April grew by 28.7%, in the UK increased by 8.2%, in France - by 5.8% and in Italy - by 1.9%. However, the registration of new cars in Germany (the largest car market in Europe) decreased by 3.6%.

According to the ACEA survey, new car sales in Bulgaria in April registered an increase of 13.9% on an annual basis to 1,632 units after an increase of 37.6% in the previous month of the year. This gives our country the prestigious 10th place among all EU member states.

For the first four months of the year, the registration of new cars in Bulgaria increased by 25.2% to 6478 cars from 5173 cars in the first four months of 2013, according to ACEA data. According to this indicator, Bulgaria ranks fifth among all 28 EU member states, with only Portugal ahead of our country (an increase of 43.7%), Lithuania (27.7%), Ireland (26.6%) and Poland (26%).

Source: Insurance.bg