Bulgaria's New Car Sales Drop by 40% in 2010 Q1

Peugeot is the most popular car brand in Bulgaria in the first quarter of 2010. Photo by activauto.fr

A total of 4 116 new cars were sold in Bulgaria in the first three months of 2010, which is a 42.74% decrease year-on-year.

According to data of the Association of Car Importers released Wednesday, the drop is rather significant as 7 188 new cars were sold in Bulgaria in the same period of 2009.

The Car Importers’ Association, however, points out that the sales decrease is slowing down as it was 47% in January 2010, 44% for January and February 2009, and is now down to 42% in the first quarter of year.

Of the 4 116 new vehicles, 160 have been sold by dealers that are not members of the Car Importers Association.

The French brand Peugeot is the only one with a market share of over 10% in Bulgaria as it sold 410 new cars in the first quarter.

Ford is second with 378 sales, and a market share of 9.56%. Volkswagen and Dacia come third and fourth with 331 and 330 sold new cars respectively.

Toyota, which used to be a leader on the Bulgarian market in 2009 comes next with 311 vehicles sold in the first three months of 2010.

Citroen, Renault, Chevrolet, Skoda, and Opel each have sold between 200 and 300 cars in Bulgaria since the beginning of the year.

Hummer, Jaguar, Corvette, Cadillac, and Piaggio have sold no cars in Bulgaria yet in 2010.

The sales of new buses and trucks in Bulgaria decreased by 45% year-on-year in the first quarter with only 160 vehicles sold. Iveco sold 71, Mercedes – 48, and Mann – 20.

The sale of motorcycles in January-March 2010 dropped by 38% down to 42. Yamaha is doing best with 16 motorcycles sold in the first quarter.

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