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Dacia to give up 620 of its employees and reduces its 2009 investment plans by 100 million euro - Business - HotNews.ro
...Even though Dacia registered a success in its exports this does not compensate with the general decrease of the car market in Europe, the company informs...

In Romania, the car market registered a 50% decrease in November 2008 and in the same month, Dacia sold 4698 cars on the internal market, a 52% decrease as compared to the similar month, last year.

Starting July 2008, second hand imports increased in Romania: in November alone, there were 50 912 requests for officials to verify second hand cars. The number of requests received after July 1, 2008 increased to 217 510. Most requests target cars that are at least 10 years old.

(Dacia is a car manufacturer in Romania that started with license production of a Renault model in 'communist' times.)

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Mon Dec 8th, 2008 at 03:25:24 PM EST
[ Parent ]
...and is producing the highly successful Logan, an entry-level no-frills car retailing for under €7000.

Europeans think a hundred miles is a long way. Americans think a hundred years is a long time.
by Bernard on Mon Dec 8th, 2008 at 04:21:45 PM EST
[ Parent ]

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