Grey import vehicle

The share of imported vehicles in local sales has climbed to 70 percent in the first seven months of 2024, whereas this figure was a little more than 59 percent in 2019.

Demand has been rising for secondhand cars in a market trying to fend off the tight supply of new vehicles.

Besides the availability problems, what drives the demand is people's expectations that prices will go up in the coming months due to the perceived depreciation of the local currency.

Fiat sold a total of 62,154 vehicles in the first six months of 2022, dominating the local market in terms of sales.

The carmaker sold more than 41,000 passenger cars and around 21,000 light commercial vehicles in January-June, according to data from the Automotive Distributors' Association (ODD).

The number of registered vehicles in Russia has reached over 60.5 million vehicles, TASS reported from the press centre of the Russian Interior Ministry.

Statistics show that Russians buy cars most often in the spring and early summer, since then the peak of registrations is then.

Compared to a year earlier, the number of vehicles increased by 1.3%.

Bulgarians drive the oldest cars in Europe, according to data from the European Automobile Importers Association for the age of cars in the EU in 2016, reports investor.bg.