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This year (2012) is set to be a critical year for the Bulgarian auto industry, with the entry of Great Wall Motors marking the return of auto manufacturing in the country. From non-existent production in 2011, BMI predicts that 27,000 vehicles will be assembled in Bulgaria in 2012. All will be produced at the Lovech plant, which has a designed capacity of 50,000 units a year, though we do not expect this total to be reached by 2016, rather production is likely to be just shy of 33,000 at 32,618 units. Most of the vehicles produced will be exported and with the beginning of production this year Bulgaria will become a net exporter of new vehicles. Sales of new vehicles are expected to slow in 2012 to 3.5% y-o-y, down from 17.71% in 2011.