Bulgaria is among seven countries with growth in car sales in quarter 2022 – Novinite.com

Bulgaria is among the seven EU countries that reported growth in sales of new cars in the period January to April, according to the Association of European Automobile Manufacturers (ACEA). The 9031 new cars sold form the growth of 13.1%, which is the third highest after Romania (35.6%) and Slovakia (13.9%). Other countries with higher sales In the first four months of the year, Cyprus (3.7%), Ireland (+4.7%), Latvia and Portugal are on par with those in the same period of 2021 growth – 2.9%) .

In general, the decline in applies to all EU countries sales of new cars for the period from January to April was 14.4%. The reasons are obvious – the still insurmountable shortage of microchips and the interrupted supply chain due to the war in Ukraine. From the big markets sales they fell the most in Italy (-26.5%), France (-18.6%) and Spain (-11.8%).

As for the data for April, they show a slump in 23 of the 27 EU member states. There are only exceptions in Romania (+ 23.4%), Ireland (+ 10%), Croatia (+ 2.7%) and Sweden (+ 0.3%). In Bulgaria, sales were down 1.8%, with 2,357 new cars sold last month. On average across EU countries, transactions fell by 20.6%.

Recently, research firm S&P Global Mobility forecast that 1.7 million fewer cars will be sold in Europe due to the factors already mentioned. The German Center for Automotive Research expects transactions across Europe (including Eastern Europe and Russia) to decline by 10.1% to 16 million.

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