New car sales in Bulgaria rise 6.8% year-on-year in January-November 2014

Written by on December 16, 2014 in Business - Comments Off on New car sales in Bulgaria rise 6.8% year-on-year in January-November 2014

New car sales in Bulgaria from January to November 2014 added up to 18 427, an increase of 6.8 per cent over the figure for the first 11 months of 2013, according to statistics released on December 16 by the European Automobile Manufacturers Association (ACEA).

In November 2014, 1595 new cars were registered in Bulgaria, about 4.5 per cent less than in November 2013, ACEA said.

From January to November 2014, 11 600 383 new passenger were registered in the EU, or 5.7 per cent more than in the same period in 2013.

Looking at the largest markets, France remained stable (+1.1 per cent), while Germany (+2.6 per cent), Italy (+4.3 per cent) and the UK (+9.4 per cent) expanded. Spain (+18.1 per cent) posted double‐digit growth.

In November, EU passenger car registrations recorded moderate growth (+1.4 per cent) on a year earlier, reaching 953 886 units sold and marking the 15th consecutive month of growth.

In the largest markets, the demand increase was mainly led by the significant growth recorded in Spain (+17.4 per cent), followed by the UK (+8 per cent), and Italy (+5 per cent), while Germany (-1.8 per cent) and France (-2.7 per cent) recorded a slight decline.

Substantial growth posted by the new EU member states (+5.5 per cent) partially explains last month’s positive outcome, ACEA said.

The VW Group came out top in cars sold, 2 946 296 across the EU, an increase of 7.4 per cent on an annual basis.

In second place was the PSA Group – Peugeot and Citroen – with 1 258 457 and in third place was Renault with 1 121 024, a gain of 14.3 per cent.

(Photo: Graham Briggs/sxc.hu)

Comments

comments

About the Author

The Sofia Globe - Bulgaria’s fully independent English-language news and features website, run by an all-expatriate team. Sign up to subscribe to sofiaglobe.com's daily bulletin by using the form on the homepage of our website. Please click to support our advertisers!