Electric vehicle conversion

The combined sales of passenger cars and light commercial vehicles will likely reach a quarterly record of 300,000 in the January-March period, according to representatives of the auto industry.

In March alone vehicle sales could reach some 120,000 units, they said.

They’re becoming more expensive for everyone except electric vehicles – Huge rise with green taxes until 2030

Bulgaria has emerged as the leader in new car registrations across the European Union in 2023, witnessing an impressive year-on-year growth of 31.5%, totaling 37,724 units, reports the latest data from the European Automobile Manufacturers' Association (ACEA). The country's remarkable performance outpaced the EU average, positioning it at the forefront of automotive market expansion.

Türkiye's auto market expanded more than 57 percent last year from 2022, with passenger cars and light commercial vehicle sales hitting an all-time high of 1.23 million.

From January to December 2023, a total of 967,342 passenger cars were sold in Türkiye, marking a robust 63.2 percent increase from the previous year.

New car sales in July rose 13.9% compared to July 2022. Since the start of the year, they have risen 26% compared to January-July 2022.

Part of it is due to delayed orders because of earlier disruptions in global supply chains.

Electric and hybrid cars are catching on, with rechargeable models making up 10.1% of July sales, from 5.4% in July 2022. 

Slovenian buyers can get state subsidies for new or used zero-emission cars or vans worth up to €6,500, a substantial increase from the previous level of subsidies. Buyers of cheaper vehicles stand to benefit the most.

Authorities have announced a raft of regulations aims at bringing exorbitant prices in the secondhand car market under control.

The price of secondhand cars put up for sale online should not exceed that of new cars, said Trade Minister Ömer Bolat.

15% growth in sales of new cars in Bulgaria for the first five months of the year, according to the data of the Association of Automobile Manufacturers in Europe (ACEA).

Representatives of the auto industry expect around 400,000 to 450,000 vehicles to be sold in the next 7 months with total car sales on the local market reaching around 900,000 this year.

The first five months of 2023 saw record sales of passenger cars and light commercial vehicles as many consumers turned to cars as safe "investment."

The combined sales of passenger cars and light commercial vehicles are expected to surpass 435,000 in the first five months, a record level for this period ever.

In May alone, sales are forecast to be above 100,000 cars, according to the people from the industry.