Wolfsburg

Volkswagen Neglects Bulgaria because Erdogan Decides to Hinder the Tax Rates

Turkey is increasingly confident that German carmaker Volkswagen will build its plant in the country after an "extremely positive" meeting between top company official and Turkish President Recep Erdogan, Turkey's Sabah writes today, citing three of its own the source.

Volkswagen is Close to Choosing Turkey over Bulgaria just over a Tax Pledge

A pledge from Turkey for a change in the special consumer tax system at a specific date in the future would reportedly be enough to convince Volkswagen to choose the country over Bulgaria as the location for a €1bn multi-brand auto production plant, write bne InelliNews

New Car Registrations in Bulgaria Jumped with 10%

New car sales in Bulgaria increased by 10.1% on annual base to 3641 in May. This shows data from the Association of European Automobile Manufacturers (ACEA).

In the period January - May, the registration of new cars in our country increased by 3.9% yearly to 15 068 units from 14 496 for the same period in 2018.

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