Toyota

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TOYOTM

Almost 40% drop in automobile sales in Romania, after first two months of 2021 (APIA)

The sales of new automobiles in Romania has dropped by almost 40% during the first two months of this year, in comparison with the similar interval of 2020, according to the data published on Monday, by the Automotive Manufacturers and Importers Association (APIA).

Competition authority approves share transfer of Hyundai Assan

The Turkish competition authority has approved the sale of 30 percent shares of Hyundai Assan from Turkey's Kibar Holding to Hyundai Motor.

The South Korean automotive giant, the world's fifth-biggest auto group, was already holding 70 percent of stocks in the Turkish automotive company.

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