FOCUS: Auto Importers in Romania, Carmaker Dacia Cut Costs, On Lower Demand
13:52, 18 Nov. 2008
Massive used car imports and harsher lending conditions, in the fallout of the global financial crisis, prompted Romanian auto importers to cut costs, scale down their car fleet, curb the expansion process and hire people only in exceptional cases, while local car maker Dacia even halted production.