ROMANIA TO HAVE FASTEST RECOVERY OF CAR SALES IN CENTRAL EUROPE AFTER 2020 DECLINE

HIGHLIGHTS

• Lockdown imposed to prevent the spread of coronavirus brought production as well as sales in all economic sectors to a halt.
• However, the car sales in Romania might rise in near future, beginning the economic recovery.

Due...

RENAULT AIMING FOR POLE POSITION WITH ELECTRIC MODELS

In the world’s largest automobile market vis a vis China, Renault has taken a deliberate stance of phasing out its gasoline models and throwing its might behind Light Commercial vehicles and electric cars.

The car maker Renault announced on Tuesday that it would sell its 50 % stak...