Half of luxury cars registered are bought from dealers outside Romania

The worst has yet to come for the luxury auto market in Romania. With sales down more than 50% in the first quarter of 2009, compared with the same period last year, the major dealers face another blow. This time, from major dealers in Germany, Austria and Hungary that often give higher discounts for luxury cars than the Romanian dealers of the same brands. Flexibility comes with volumes, especially in Germany and Austria, the latter also registering high diplomatic sales.