Nissan Romania to launch new model

Around the middle of this year, Renault Nissan Romania will launch the compact model Nissan Tiida, aimed at competing mainly with the Ford Focus, Peugeot 307 and Mazda 3 models, Dumitra Risnoveanu, company spokeswoman, told ... More


German Factory to Start Producing Motorhomes in Slovenia

Carthago, the German manufacturer of motorhomes, is to open a factory in Odranci in northeastern Slovenia, the company's owner, Karl-Heinz Schuler, said on Tuesday. The factory, which will produce top-end motorhomes, is to be ... More


Auto Italia invests EUR 10 million in new headquarters

Auto Italia will invest by year-end some EUR 10 million to build in Bucharest a new headquarters which will include office spaces, a service and a warehouse of auto pieces.The facility will be developed in a plot of 6,000 square ... More


Fiat competes with Logan

Fiat will continue working on its plans to develop a low-cost automobile, adding to the rising number of carmakers interested to sell models that will compete with the Logan from a pricing point of view, Mediafax informed on ... More


Fiat competes with Logan

Fiat will continue working on its plans to develop a low-cost automobile, adding to the rising number of carmakers interested to sell models that will compete with the Logan from a pricing point of view, Mediafax informed on ... More


Offensive of Chinese cars continues with compact models

As 2006 was the year of début for constructors in Romania, through the launch of two off-road models, local market will witness this year the debut of the first compact models. The Chinese constructors regard the Romanian ... More


Turkey leading supplier of windowpanes for European cars

Turkey is one of the leading suppliers of windshields and windowpanes for European automobile brands such as Mercedes and Volvo according to Mehmet Zenginer, the chairman of one of Turkey's leading car-part companies, Olimpia. ... More


Turkey targets USD 17 bln in vehicle exports

Turkey's automotive sector, the biggest exporter in the country last year, is eyeing new records for 2007 with a target of USD 17 billion. In a statement to Anadolu news agency, Erkut Ozerman, chairman of the Association of ... More


Renault Group to supplement investments in Romania

The French group Renault has decided to supplement investments in Romania, reads an article published on Friday by daily Ziarul Financiar. Specifically, Renault will establish a part of its global marketing, financial, ... More


PwC survey: Romania remains in the top of automotive industry investors

The value of the investment made in the auto industry in Central and Eastern Europe will reach USD 6 Bln by 2013, and the Czech Republic, Hungary, Romania, Slovakia and Slovenia will attract most of the amount, reads a survey ... More


Rombel Traktors estimates EUR 70 million in sales

Rombel Traktors, managed by Semanatoarea, MYO-O and MTZ Belarus, will start the tractors production in June this year and estimates annual sales of some EUR 70 million. The company plans to produce 4,000 units a year. The exports ... More


Tiriac Auto plans to build three auto malls

Tiriac Auto plans to build in the next three years at least three auto malls for the group’s brands, within which two in Bucharest and one in Timisoara. The first complex worth EUR 15-20 million will be finalized in the ... More


Bulgarians Design Hybrid Supercar

Bulgarian designers put forward a project for what is believed to be the car of the future - a two-seated vehicle with four-cylinder bio diesel engine, combined with a high power electric motor that can function at the same time. ... More


Chinese automaker Chery plans 3 foreign factories

Chery Automobile Co., China's biggest domestic automaker, plans to set up three assembly plants abroad in the Middle East, Eastern Europe and South America, a news report and a company spokeswoman said Tuesday. The ... More


Renault Logan ranks second in the foreign cars sales in Russia

Renault sold almost 50,000 Logan cars in the Russian market last year, according to the site www.vz.ru. The model proposed in Russia with parts from Pitesti classified second in the top foreign cars sales in the Russian market, ... More


Bubalo opens €16m car parts factory in Secanj

Serbian Minister of Economy Predrag Bubalo opened today in Secanj a €16 million car parts plant FAM Secanj owned by Slovenian Cimos. The plant that will produce spare parts for Cimos, Volkswagen and Peugeot will create 100 ... More


Record growth in auto production in Turkey in 2006

Turkey's automotive sector production exceeded over a million motor vehicles for the first time last year. According to the data of Automotive Manufacturers Association (OSD), 1.024.987 motor vehicles were produced in Turkey in ... More


Porsche Romania posts sales of over EUR 650 M in 2006

Bucharest - Porsche Romania, the general importer of Audi, Volkswagen, Skoda, Seat and Porsche brands sold last year 43,541 cars. The figure shows an increase by 34.17 per cent compared to 2005, according to “Ziarul ... More


Chinese Carmaker Recalls 1,875 Vehicles

China’s Chery Automobile Co. Ltd. has recalled 1,875 defective automobiles sold globally. The defective vehicles included automatic gear shift versions of the Tiggo NCV series that were made between March and October ... More


Ford reaffirms interest in Daewoo Craiova

American car producer Ford reaffirmed yesterday its interest in participating in the privatization process of Daewoo Craiova. John Fleming, President and CEO of Ford Europe met Prime Minister Calin Popescu Tariceanu, the latter ... More