Although Skoda is one of the best-selling import brands, the almost 70% decline of the car market in the past three years has had dramatic effects on car dealers, with increasingly more dealerships being put up for sale by owners.
“We decided to reduce our activity and relocate. The current economic situation prompted this reduction. If we cannot sell, we are considering opening a showroom for another brand there or another business altogether,” said Adrian Bizineche, who owns 25% in the company.
Auto-Group currently holds two Skoda showrooms in Constanta, one in Palazu Mare, which it put up for sale, and one in the southern part of the city.
This is the second car dealer within the Porsche Romania chain in Constanta to reduce its activity. At the end of July, Cardinal Motors decided to sell its Volkswagen center in Ploiesti, for which it hopes to get EUR4 million. The money it will receive after the sale will go to its future center in Valu lui Traian (Constanta County), an investment that Cardinal Motors started in 2007.
(English version by Daniela Stoican; Editing by Loredana Fratila-Cristescu)