car market
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Car market executive: Eastern markets rebound below expectations
The Romanian car market will revert to the 2007-2008 volumes after 2014, when the European market will also top 13.5 million cars, estimates Allan Rushforth, vice-president with Hyundai Motor Europe.
Car scrappage scheme expected to revive car market in Q4
Players on the car market expect record-high sales for the last quarter of this year as the scrappage scheme approaches its end, considering that only in two of the first nine months of the...
Breath of fresh air for car market: 12% higher sales in June
Breath of fresh air for car market: 12% higher sales in June
Car market remains above 10,000-unit mark in April
Car sales continued to rise in April, to over 10,000 units, according to auto market players, up by around 10% against the previous month. Compared with the similar period of last year, last...
March, best month of the past six months for car market
The launch of the old car scrappage scheme slowed down new car sales decline to 20% in March, after more than 16 months of 40-50% decreases.
First positive signs on car market: 6 brands see sales up
Six of the 44 car brands sold domestically registered increases ranging between 270% and 7% in the first two months of this year, according to the statistical data provided by the Associatio...
Tax authorities seize enough cars from debtors to build a car fleet
The National Tax Administration Agency (ANAF) has become a leading competitor on the second-hand car market for specialised companies and for leasing companies that resell cars repossessed f...
Major leasing firms see their business melt down
The first six months saw financing granted by most large leasing firms plummet, mainly as a result of the car market meltdown and the frozen investments in industrial equipment.
Valmar: Car market players, between life and death
This year’s car market crash will push for restructuring strategies among dealers, given dwindling turnovers, especially at the level of sales teams, believes Brent Valmar, vice-president...