car market
16 articole · RSS
Cambolive, Renault: We're starting to regain market share
Fabrice Cambolive, commercial manager of Renault, Nissan and Dacia brands in Romania, says the Romanian car market is set to stabilise in 2010, as 2009 will still be a difficult year. "The R...
Romanian car market turns to discounted cars
Although demand for new cars saw an over 50% decline in the first four months of the year, those who decided to purchase a car did not go for lower-priced segments, but for discounts and mor...
Volkswagen invests 25m euros to expand network
Volkswagen, a brand represented by Porsche Romania, the biggest player on the car market, is set to add three new centres to its network this year, in Piatra Neamt, Targoviste and Constanta,...
Discounts breathe a little life into car market
Discounts of up to 40% and the start of the renewal of the local vehicle fleet renewal programme have prompted a slowdown in the in the market decline rate to 50% - 14,800 vehicles, accordin...
Car market crash in December and negative forecasts cut 4,000 jobs
The decline in car sales led to 4,335 layoffs announced in January in the car industry, a sector, which had created 220,000 jobs over the last 15 years.
Ford gives 250m euros to Craiova plant amid struggling car market
Carmaker Ford has approved a 250 million-euro share capital increase aimed at Ford Romania, from an initial capital of less than 10 million euros.
Financial crunch will further hurt budget car market
Domestic sales of luxury cars will not be hammered by the US financial crunch, while the rising loan interest rates and the tighter access to lending will hurt the "volume" car market.