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Bulgaria's new passenger car registrations edge down 1.8% y/y in April - ACEA

Bulgaria's new passenger car registrations edge down 1.8% y/y in April - ACEA anuphadit/Shutterstock.com

New passenger car registrations in Bulgaria dropped 1.8% year-on-year in April, reaching 2,357, the European Automobile Manufacturers' Association (ACEA) said on Wednesday.

April is the first month since the start of 2022 that marks a decline in the volume of registrations in Bulgaria, ACEA said in a statement.

By contrast, in the first four months of the current year, registrations of new passenger cars in Bulgaria recorded an annual increase of 13.1% to 7,984.

In the European Union (EU) as a whole, new passenger car registrations slumped 20.6% on the year in April. Compared to the first four months of 2021, new passenger cars registered in the EU were 14.4% fewer totalling some 2.9 million.

"With the exception of the pandemic year in 2020, this was the weakest April result in terms of volumes sold since records began," ACEA said.

In EU12, which encompasses member states that have joined the EU since 2004, new passenger car registrations dropped by an annual 12.3% to 89,914 in April. At 363,729 in the January-April period, EU 12 registrations were 6.8% fewer on an annual comparison basis.

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