Importers Report 25% Increase in Sales of New Automobiles

Between January and the end of July this year, the sales of new automobiles in
Bulgaria were 25.64 per cent more than last year, the executive director of the Union of Autotomobiles Importers in Bulgaria, Stefan Hadjinikolov, said Friday. He was speaking at the opening of the Varna 2007 Motor Show.

A total of 29,381 new automobiles were sold in the observable period.

The increase is much more significant for used cars, said Hadjinikolov. some 150,000 old cars were sold from January to the end of June and the Union expects the figure to reach 310,000 until the end of the year, against an expected 60,000 for new cars.

Participating in the Varna Motor Show are 30 companies with over 100 automobiles. The event will continue until September 2.

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