Automotive
Swiss Automotive Group Buys Majority Stake in Automotive Part Wholesaler Augsburg International
The shareholders of Autonet Group Holding (AGH), part of Switzerland’s Swiss Automotive Group, have reached an agreement with automotive parts wholesaler Augsburg International (AL) to buy 5...
ACAROM: Romania Car Production Reaches 315,115 Units In January-September 2021
Romania manufactured 315.115 vehicles in the first nine months of 2021, data from the country's carmakers association ACAROM showed Monday.
BMW Romania Logs Order for First i4 Electric Car Fleet
BMW Romania, through APAN Iasi dealer, registered the first order for a fleet of i4 electric cars worth above EUR250,000. The order was logged with an extension possibility.
Dacia Sales In UK Plunge Nearly 27% In September 2021
Romanian carmaker Dacia sold 3,867 cars in the United Kingdom, in September 2021, fewer by 26.52% than 5,263 units sold in the same period in 2020.
New And Used Car Registrations In Romania Grow 9.2% To 393,402 Units YoY In Jan-Sept 2021
New and used car registrations in Romania grew 9.2% year-over-year in January-September 2021, to 393,402 units, data from the Automotive Manufacturers and Importers Association (APIA) showed...
Autonom Services Net Profit Triples YoY To RON12.5M In 1H/2021
Integrated mobility service provider Autonom Services, held by brothers Marius and Dan Stefan, ended the first half of 2021 with consolidated revenue of RON178.1 million, up 21% on the year,...
Nissan Dealer, Badsi, Sells Car Center In Bucharest’s Pipera Area To Nusco Group
Badsi, a Nissan dealer controlled by the Badea family, has sold, via a sale & leaseback contract, the car center in Bucharest’s Pipera area, to Nusco Group within a transaction worth EUR2.5...
Airbag Maker GST Automotive Safety Ro Sees Turnover Dip 33% in 2020, To RON66.8M YOY
Airbag producer GST Automotive Safety Ro, the domestic subsidiary of Germany’s Global Safety Textiles acquired in 2011 by South Korea’s Hyosung, in 2020 generated turnover worth RON66.8 mill...
Mercedes To Deliver 40 Gas-Powered Buses To Sibiu City Hall Under RON77M Contract
Mercedes-Benz Trucks&Buses Romania will deliver 40 eco-friendly buses, running with compressed natural gas, to Sibiu City Hall, under a contract worth RON77 million (EUR15.7 million).