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Car sales in Bulgaria plummet at the end of 2020

Photo: BGNES

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. 



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