Volkswagen

US President Donald Trump has attacked automakers who refused to back his administration's plan to roll back Obama-era fuel efficiency rules, CNBC reported.

Trump specifically mentioned Ford, which has negotiated with California-led Democrats, which has some of the most stringent requirements for low fuel consumption of future car models, Reuters reports.

"Not only is Bulgaria continuing to fight for Volkswagen to build its next plant in our country, but we also have our chances of this happening. We have found ways to optimize our bid. Meetings between representatives of the automotive cluster and the Ministry of Economy continue.

There is strong investor interest in Bulgaria by companies from South Korea, said Prime Minister Boyko Borissov, BNR reported.

With the good work of the government and the individual ministers, we have made a huge advertisement in the world. Europe's largest concern has been hovering for months for a factory.

Prime Minister Boyko Borisov, who is in Turkmenistan for participation in the First Caspian Economic Forum, told Bulgarian media.

Bulgaria Discusses with Turkmenistan Natural Gas Supplies for the Balkan Gas Hub At the first Caspian Economic Forum, it was also revealed that our country is also negotiating a major billion dollar investment in South Korea and that we have not dropped out of the race for Volkswagen. 

Electric vehicles in Europe will increase dramatically in the coming years. 214 electric vehicle models will be available in the European markets in 2021, up from about 60 in 2018. It is expected that by 2025 there will be over 330 available electric vehicle models .

Bulgaria remains in the race for the new Volkswagen plant, but if the German concern chooses Turkey, Bulgaria starts negotiations with South Korea's Hyundai, Economy Minister Emil Karanikolov told 24 Hours.

Lower Saxony Prime Minister Stephan Weil says there is still no final decision on the new Volkswagen plant, BGNES reported.

Bulgaria offers new competitive conditions for Volkswagen plant and it is still in the race for the Volkswagen plant, said Minister of Economy Emil Karanikolov.

The efforts of the government for the strategic investment of Volkswagen in Bulgaria continue. This became clear after a meeting of representatives of Automotive Cluster Bulgaria with Prime Minister Boyko Borisov and ministers on July 17, reports BNT,