New Market Research Report: Bulgaria Autos Report Q1 2015
In 9M14, Bulgarian passenger car sales rose 9.0% year on year (y-o-y), following a meagre 0.6% y-o-y increase in September. While the growth over 9M14 is positive news for the sector, it does represent a slowdown from the 15.2% growth in H114 and the 25% growth recorded for 4M14. This is in line with our view that growth would temper over Q2 and Q3 as low base effects come into play. We are maintaining our forecast for growth of 10%...
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