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Decision To Allow Firms To Deduct VAT For Car Purchases To Stimulate Car Market
The Romanian Government’s decision to allow companies starting next year to deduct fuel expenses, as well as the value added tax from car purchases will help stimulate, at least to some exte...
Romania 8-Month Passenger Car Sales Down 11.9% On Year To 68,140 Units
Romanian new passenger car sales stood at 68,140 units in the first eight months of 2011, down 11.9% compared to the same interval a year ago, Automotive Manufacturers and Importers Associat...
Used Car Imports Plummet, New Cars Do Not Fare Any Better Either
Sales of imported used cars plunged by 60% in July, marking the sixth month of declines, according to a ZF analysis based on data provided by the Interior Ministry’s Driving License and Vehi...
First Romanian Station For Electric Cars Opens In Bucharest
Romanians may be “convinced” to use less polluting cars or choose bicycles “only” through economic and political decisions, said Environment Minister Laszlo Borbely at the inauguration of th...
Astra Paid RON160M In Car Damages In 1Q
Romanian insurer Astra paid car damages worth 159.98 million lei (EUR38.89 million) in the first quarter this year, up 72.% on the same interval of 2010.