Luxury Brands Look To Cash In As BMI Forecasts Rebound In Emerging Europe

Although a complete recovery in European auto demand remains distant, luxury carmakers are preparing for increased presence in emerging Europe as evident from Italian premium brand Maserati's plans to open a showroom in Romania this year. Luigi Maria Sepe, Maserati's area manager for Eastern Europe and Latin America, said the firm expects to sell more than 20 models in Romania this year - nearly twice its sales last year.

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