Monday, October 27, 2008

Financial crisis hits automobile marketing Romania

26 October 2008 | 10:49 | FOCUS News Agency

Bucharest. Global financial crisis starts to affect Romanian economy. More and more companies in different fields of the economy announce that they will restrict the industry due to the little sales. Many of the projects had already been stopped due to the lack of money, Romanian television Realitatea web page reports. Romanian government admitted that several sectors of the economy start to “expire” and deposed the proposal to help the business.

Automobile industry was absolutely “struck” by the global crisis. “Reno”, “Ford”, “General motors”, “Toyota”, “Volkswagen” BMW are just some of the bigger companies that were affected by the financial crisis.

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