Car market will pick-up sales in 2025, but faces new challenges
Both new and used car markets have been hit hard by inflation and rising interest rates. Many drivers have opted for cheaper cars or postponed their purchases for better times.
Both new and used car markets have been hit hard by inflation and rising interest rates. Many drivers have opted for cheaper cars or postponed their purchases for better times.
Government incentives remain one of the main factors for choosing an electric vehicle, and the example of Germany illustrates this perfectly.
The Volkswagen Passat remains the most desired car in the secondary market, but the popularity of the Toyota Corolla is growing.

Premier Energy has completed its acquisition of a controlling stake in a 158 MW wind farm in Hungary.
Romanian FMCG distributor Aquila has completed a €5 million investment in an AI-based automation solution at its warehouse in Drăgomirești, Ilfov County.
The Austrian Post Group has acquired 100% of Hungarian parcel service provider Delivery Solutions Zrt., operating under the brand Sameday Hungary.
Silver has recorded one of the most notable price performances on the commodities markets, rising from approximately $30 per troy ounce a year ago to $109 today.
Romania's National Agency for Fiscal Administration (ANAF) has launched Ana, an intelligent virtual assistant designed to help taxpayers quickly obtain information about their fiscal obligations.