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[3] [4] [5] Ford said it would invest €675 million (US$923 million) in the former Daewoo car factory and that it would buy supplies from the Romanian market worth €1 billion (US$1.39 billion). [6] In September 2009, the company began to assemble the Ford Transit Connect in Craiova, and in 2012, production of the new Ford B-Max was started. [7]
Ford Otosan Romania SRL, commonly referred to as Ford Romania, is an automobile manufacturing company operated by Ford Otosan, located in Craiova, Romania. [4] The company was established in 2008 after Ford's purchase of Daewoo Automobile Romania. In 2022, the Ford Romania company was purchased by Ford Otosan and changed its name to Ford Otosan ...
A dealer auto auction is a specialized form of auction. Millions of vehicles are sold at such dealer auto auctions every year. These auctions are restricted to the general public and only licensed dealers can participate. Prices of vehicles sold at dealer auctions tend to be lower than those advertised on any dealer's lot.
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Cluj-Napoca (/ ˈ k l uː ʒ n æ ˌ p oʊ k ə / KLOOZH-na-POH-kə; Romanian: [ˈkluʒ naˈpoka] ⓘ), or simply Cluj (Hungarian: Kolozsvár [ˈkoloʒvaːr] ⓘ, German: Klausenburg), is a city in northwestern Romania. It is the second-most populous city in the country [5] and the seat of Cluj County.
[nb 5] The Nissan Aprio has the 1.6-litre 16 valve straight-four engine with a 5-speed manual or 4-speed automatic transmission, [35] and was assembled in Brazil. [36] It was later discontinued from that market in August 2010, due to decreasing sales, and the Versa replaced it for the 2012 model year.
With improvements in their technology and performances, some 80,233 M461 land vehicles were produced by 1975, out of which 46,549 were exported and more were used by Romanian Army. About 3,000 M461s are still on the road in Romania, with a very active owners' club. Many of the cars were until recently used by the army.
The borrower then pays off the financial institution the same as for a direct loan. [ citation needed ] Typically, the indirect auto lender will set an interest rate, known as the "buy rate". The auto dealer then adds a markup to that rate, and presents the result to the customer as the "contract rate".