Sales of the TOP50 car dealers in Slovakia rose 10% last year to €3.3bn

Sales of the TOP50 car dealers in Slovakia rose 10% last year to €3.3bn, but their net profit fell 25% to €44m. The market leaders are Porsche (€643m in sales), Škoda Auto (€543m), and Mercedes‑Benz (€305m). Large companies in particular were unable to pass rising costs through to prices as they competed for customers with aggressive discounts amid pressure from new brands, especially from China and the U.S.

(trend.sk)