CAR
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Romania on Peugeot's list for an engine plant
Jean-Philippe Collin, chairman of the Peugeot group, which accounts for 4% of the domestic market and ranks among the top ten car importers, told ZF that Romania is on the list of the compan...
Tiriac Jr.: Romanian companies need to be restructured
Ion Alexandru Tiriac, who represents Tiriac Holdings in sectors such as the car industry and real estate, believes the expansion of the Romanian economy depends on small and medium-sized ent...
Top 15 car part producers see higher sales, but lower profits
According to a ZF survey, the top 15 companies that operate in the car part industry derived a cumulated net income worth 11m euros last year, down from 39m euros, the level reported in 2006...
Domestic car market advances beyond 2.2bn euros in 7 months
Turnover generated by vehicle sales registered during the January-July period was worth more than 2.2bn euros, according to ZF estimates, to which the value posted by car parts (around 20%)...
Car market stagnates in H1
The overall sales registered by Dacia and the top ten imported brands in terms of volume, which account for over 75% of the overall market, dropped by 1.6% in the first half of this year and...
Slowdown of car sales could hurt leasing market
The rise of the leasing market could be affected this year by the slowdown in vehicle sales, after the leasing market experienced a major leap last year, by 54%, exceeding 4.9 billion euros....
Takata Petri: Car industry needs higher productivity
Takata Petri, Japanese manufacturer of auto components and safety systems, which holds three plants on the local market, believes Romania is still an attractive location for automotive manuf...
Autovit builds 20m euros' worth of offices near Vitan car market
Autovit, the company that manages the largest car fair in Romania, located in the Vitan district of Bucharest, will invest 20 million euros in a Class A 18-storey office building, with appro...
Number of Romanian-held car importers on the wane
Out of the ten best-selling imported car brands, Romanian-held companies import only three - Ford, Hyundai and Peugeot, and by 2010, Hyundai may be the only one left on the list, reads BUSIN...