Bulgaria is the country in the EU with the second biggest plunge in new car sales for 2020, or a drop of 37%, according to the European Automobile Manufacturers Association.
Croatia is the country which has taken the biggest plunge at 42.8%. But 36,005 new cars were purchased in that country which has a population of 4 million, whereas in Bulgaria, with a population of 6.9 million, this figure stands at 22,368.
Sales took the most dramatic plunge in Bulgaria in November and December – by 45.2% and 40.3% compared to a year earlier.
For the EU the drop is by 3 million vehicles, or 24%, the BTA reports. All markets register a two-digit drop. The main cause of the contraction of the market cited is the imposition of restrictive measures throughout Europe to curb the second wave of Covid-19.
On November 18 at 5:30 p.m., the collection "New Foreign Bulgarian Studies" will be presented in the National Library "Sts. Cyril and Methodius" in Sofia. It was published within the framework of the National Scientific Program "Development and..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain, mainly in the north and west of the country, which will continue into the night towards Wednesday...
According to data from the National Seismological Center at the National Institute of Geophysics, Geodesy and Geography - BAS, at 16:48 an earthquake with a magnitude of 3.5 was recorded in the area of the town of Simitli, near Blagoevgrad. The..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
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