International Internet Magazine. Baltic States news & analytics
Saturday, 01.10.2016, 23:38
The listed Polish importer and distributor of spare parts for motor vehicles Inter Cars has opened a 1,000 square meter warehouse and representation in the Estonian capital Tallinn and plans to expand to Tartu, Parnu and East-Viru County in the near future, writes LETA/BNS.
Keyword tags: Car market, Estonia, Markets and Companies, Passenger cars, Transport
The Estonian smartphone app Taxify that connects riders with local taxis and private drivers launched the service with 200 drivers in the Ukrainian capital Kiev on Friday, reports LETA/BNS.
Inchape BM Auto, the dealership of BMW, Mini, Alpina, Jaguar, Land Rover automobiles and BMW Motorrad motorcycles in Latvia, will be merged with Inchape Motors Latvia, which sells Mazda and Ford automobiles in Latvia, according to a statement printed in the official gazette Latvijas Vestnesis.
Toyota Baltic AS boosted its revenue 5.8% to 169.2 mln euros in the financial year ending March 2016, whereas the net result was a loss of 544,088 euros compared with a profit of almost 2 mln euros earned in the previous financial year, reports LETA/BNS.
Lithuania's new car sales rose at one of the fastest rates in the EU in January through August 2016, figures from the European Automobile Manufacturers' Association (ACEA) showed on Thursday, writes LETA/BNS.
With 41,334 passenger cars registered for the first time in Latvia in January-August 2016, the number of first-time registrations dropped by 3.2% compared to the respective period in 2015, LETA reports according to the information from the Latvian Road Traffic Safety Directorate (CSDD).
With 11,166 new passenger cars registered in Latvia in the first seven months of 2016, new car registration in Latvia increased by 18% year-on-year, the Latvian Auto Association informed LETA.