12.17.2024

Autoklass Center SRL, the business controlled by Enrico Perini, who also owns Romstal, has taken over distribution and service activities for Volkswagen Autoturisme, Voslkswagen Autovehicule more

12.22.2022

Targu Mures-based Aliat Group, an automotive business held by entrepreneur Alin Muresan, has sold the BMW dealer in the city to Automobile Bavaria. more

05.03.2022

Romania's state-owned lender CEC Bank becomes primary dealer on the government securities market, starting May 2, thus joining the other seven primary dealers. more

01.27.2020

MHS Holding, the largest BMW dealer in Romania, sold some 4,700 units in 2019, through Automobile Bavaria Romania and MHS Truck & Bus. more

01.31.2019

MHS Holding, the entity operating Grupul Automobile Bavaria, one of the largest car dealer networks in Europe, posted more than EUR387 million revenue in 2018, while sales of new vehicles rose 14% more

10.18.2017

BCR, the largest lender in Romania by assets, was more active this summer and climbed to the top spot on the market of primary dealers of government securities after the first eight months of the more

08.18.2017

ING Bank, the seventh largest lender in Romania by assets, climbed to the top spot of the ranking of primary dealers in the first half. Previous leaders were Raiffeisen Bank (2016) and Banca more

03.28.2017

Honda Trading Romania, the local representative of the Japanese brand, has relied on multi-brand dealers for expansion throughout the country in the past three years, dropping those that only sold more

07.03.2015

Rompetrol, the second leading player in the local oil industry, is changing the business model for its gas station network, transferring about 140 stations to dealers. more

07.03.2014

Up to 5% of the new cars registered in Romania every month are deregistered in a matter of days from registration and reexported, mainly to the Western European market, Driver License and Vehicle more

04.17.2013

Romanian DAF truck importer and dealer EVW Holding expects to sell about 1,300 units this year, double as many as in 2012. more

02.15.2013

As a result of the economic crisis and the dealer discounts, cars in Romania have been among the cheapest in Europe in the last few years, said Brent Valmar vice-president of the Association of more

01.30.2013

Radacini Group, one of the largest car dealers in Romania, with annual turnover of over EUR100 million, has kept its turnover steady in the past few years by taking part in auctions and by delivering more

01.09.2013

Dumatrucks, one of the largest truck dealers in Romania, which sells Renault Trucks, filed for insolvency early in December, according to the Bucharest Court website. more

09.12.2012

Truck importer EVW Holding said Wednesday it sold over 500 new units and 200 used units in Romania last year, and estimates sales will remain stable this year despite the decrease registered on both more

08.20.2012

Almost a fifth of the 400 dealers present on the Romanian market in 2008 have closed down shop in the past four years, according to estimates in the sector, and pressure continues considering that more

01.09.2012

Car dealer Cardinal Motors will open a dealership for car brands Volkswagen and Audi in Valu lui Traian, a locality in southeastern Romania, following an investment of EUR18 million, Ioan Precup, more

10.07.2011

The Romanian car market will drop in single digits this year compared to 2010, mainly due to lack of financing, according to car dealers polled by MEDIAFAX. more