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Volkswagen Neglects Bulgaria because Erdogan Decides to Hinder the Tax Rates

Turkey is increasingly confident that German carmaker Volkswagen will build its plant in the country after an "extremely positive" meeting between top company official and Turkish President Recep Erdogan, Turkey's Sabah writes today, citing three of its own the source.

4 Million Electric Cars from over 300 Models Will Be Available in Europe in 2025

Electric vehicles in Europe will increase dramatically in the coming years. 214 electric vehicle models will be available in the European markets in 2021, up from about 60 in 2018. It is expected that by 2025 there will be over 330 available electric vehicle models .

Mercedes Supplier has Opened a Development Center in Sofia, Part of a € 40 Million Investment

A key supplier for Mercedes, which last year announced its investment in a headlamp factory in Bulgaria, officially opened a development center in Sofia. The subsidiary of the group was in our country - "Odelo Farba" - will work on projects for rear lights of cars in the office in the capital and the finished products will be in mass production 2 years after the initial design phase.

Number of used car registrations in Romania drops by over 7pct

Bucharest, July 14 /Agerpres/ - The number of used car registrations in Romania dropped by almost 7.29pct in the first half of the year to 217,701 units compared to the same period in 2018 when 234,794 units were registered, according to the statistics of the Vehicle Driving License and Registration Regime (DRPCIV), consulted by AGERPRES.

PM Dancila tells Renault officials new investment projects signal trust in Romania's economy

Renault's new investment projects are "an important signal of confidence in the Romanian economy," Prime Minister Viorica Dancila told the opening on Friday of new Renault offices in Bucharest. "I welcome the new investment projects of your company. They are an important signal of confidence in the Romanian economy," she said. Dancila mentioned the development of the automotive industry.

Over 241,000 new and second-hand vehicle registrations between January-May 2019 in Romania

The number of new and second-hand vehicle registrations in Romania reached 241,629 units in the first five months of 2019, out of which over 184,000 units were second-hand, according to the statistics with the Driving Licences and Vehicle Registration Directorate (DRPCIV), researched by AGERPRES.

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