Metro Holding to sell Renaults
Metro Holding Hungary, the retail chain operator, has signed a deal with Renault Budapest Kft that will allow the auto dealer to sell 80 of its used cars at four Budapest Metro stores, CEO Tamás Jaross said. The cars, none of which is older than a year, all have their lease recently expired. Jaross said the move is aimed at boosting turnover to offset flagging sales and growing competition in its core business. Metro, which runs 13 stores in Hungary, last year saw its sales contract for the first time since 1998. (Vg 1) S.F.


