Turkish Firms at German Fair

One hundred forty Turkish automobile firms attended the 61st IAA Commercial Vehicles 2006 auto fair held annually in Hannover, Germany. Martin Scharrer, a board member of Neoman Bus, the company manufacturing Man and Neoplan ... More

Trade Ministry puts Avioane Craiova up for privatization

Ministry of Economy and Commerce MEC will sell by direct negotiation 81 percent of Avioane Craiova shares. The potential buyers must hand over their offers by October 30. To participate in the negotiations the potential buyer ... More

Twenty years for Mercedes-Benz in Turkey

German automotive giant Mercedes-Benz is celebrating its 20th year of manufacturing in Turkey. Hubertus Troska, head of the Mercedes-Benz Trucks Business Unit, announced they would continue their investments as part of efforts ... More

Porsche" opened retail service center in Belgrade

French "Porsche" will open the retail-service center in Belgrade, one the most modern centers in the Balkans, in which the buyers will be able to buy the latest models of "Audi" and Spanish "Seat" vehicles. More than 500 ... More

Kragujevac's "Punto" soon on Croatian market

Domestic "Punto", that is, model "Zastava 10", which appeared on the market of Serbia few months ago, should soon appear on the market of Croatia. The administration of "Zastava" and Croatian car dealers are negotiating ... More

Renault builds EUR 500 million design center in Romania

Car maker Renault will invest EUR 500 million in a center for designing and developing new car models in Romania, said the vice president of Automobile Dacia, Constantin Stroe. The location of the new center was not disclosed. ... More

Daewoo Craiova returns to Romanian state today

Automobile Craiova is striking a deal today with South-Korean Daewoo Motor Company thereby the former company will take over the Craiova-based automotive plant, according to the Ministry of Economy and Trade (MEC), informs ... More

Offset options in auto industry by Gripen in case of fighter jet deal

Co-operation in the auto industry is one of the offset options proposed by Sweden's Gripen International in case it is picked to procure new fighter jets to the Bulgarian air force. In response to a request for price and ... More

"Zastava Trucks" signed contract on first export arrangement with Slovakia

Kragujevac-based factory "Zastava Trucks" has signed the contract with the authorized dealer from Bratislav on sale of two trucks "ZK 101 dump truck", worth about 40,000 EUR, which is the first export of economic vehicles to that ... More

Augsburg International Increase Their Number Of Warehouses

Augsburg International, who imports and distributes car parts, is planning to expand their warehouses network by the end of the year, according to Mediafax. Next week, the company will open a warehouse in Cluj-Napoca and they are ... More

58,500 Cars Sold By Leasing In The Year's First Semester

In the first semester of the year, almost 58,500 cars were sold in leasing, 43 percent of the total of sales. The leasing purchases saw a 46 percent increase compared to the similar interval last year, but the increase was lower ... More

Romania, regional leader in terms of Rolls Royce sales

A standard Rolls client has three houses in different places on the globe, and out of these 60,000 potential clients in the world, some tens are in Romania, Harald Hofmarkstrichter, General Manager Sales Operation, Rolls Royce ... More

Tiriac Auto Sells 12,200 Cars In The First Semester

Tiriac Auto reported for the first semester of the year 12,200 sold units, a 65 percent increase compared to the similar interval last year. Last year, the group sold 18,600 cars. The group coordinates sells Mercedes, Smart, ... More

860 Audi Cars Sold In The First Semester By Porsche Romania

Car importer Porsche Romania commercialized 860 Audi units in the first quarter of the year, 44 percent more than in the same interval last year. Almost 30 percent of the cars were A4, with 243 sold units, followed by A3, with ... More

Zastava Eyes Bulgarian Market

Serbian car manufacturer Zastava announced Monday that they are back at Bulgaria's market and are eyeing a 3.5% market share by 2007. Zastava are planning to take the local market by storm with attractive prices, Krasimir ... More

Dacia Sells More Than 100,000 Cars In The First Semester

Dacia car producer had a 28.5 percent in car sales during the first semesters, to up to 103,604 units. Worldwide, Dacia sold cars under their own brand as well as under the Renault brand, the main shareholder of the Pitesti ... More

Auto-industry extremely active in Sofia

A 3 mln lev multi-purpose Citroen center will be built in Bozhurishte, a residential district in western Sofia, said Avtomotor Corporation, the auto maker's local distributor. The 5,000 sq m outlet, due to open in October, ... More

267,000 Logan Cars Sold Since Launch

The sales for the Logan model reached 267,000 units from the commercial launch in September 2004, up to the end of May 2006. The Romanian branch of Renault, Automobile Dacia, produced 250,000 cars in the above-mentioned interval, ... More

EUR 8 Million Subaru Complex In Voluntari

Subaru Motors Trading, general importer for Subaru cars, opened the first integrated complex in Voluntari, for which they estimate total investments of circa EUR 8 million. The unit has an aria of circa EUR 400 sqm, a service ... More

"Volvo" to have modern truck service center built in Novi Banovci

By the end of the year 2007, Swedish "Volvo Truck Corporation" will have the truck center worth 3.5m EUR built in Novi Banovci, near Stara Pazova - vice president of the Corporation, Roger Alm, announced. The center would be ... More