Ford and Hyundai brands to drive Tiriac Auto’s sales up 45%

According to company representatives, Ford and Hyundai brands will contribute to this rise, due to new sales and service centers. 

Tiriac Holdings, controlled by businessman Ion Tiriac, estimates turnover worth €1.4 billion in car and car parts retail, 55 percent higher year-on-year. 

Tiriac Auto will start construction of an auto mall in Bucharest, where all the company’s models are to be sold. The value of the investment will reach €50 million. The company will also build a multi-brand auto center in Timisoara, following an investment worth €10 mln. 

Tiriac Auto dealers sell 11 brands: Mercedes-Benz, Smart, Dodge, Chrysler, Jeep, Mitsubishi, Land Rover, Jaguar, Ford, Mazda and Hyundai.