Bloomberg News

AAA Auto May Come Back to Hungarian Market, Chief Tells Lidove

July 21, 2012

AAA Auto Group NV (AAA) will decide by the end of the year whether it will reopen its seven branches in Hungary, a country from which the company withdrew during the economic crisis, Chief Executive Officer Karolina Topolova told Lidove Noviny in an interview.

Average net margin per vehicle sold by the company is about 6,200 koruna ($297), the CEO of the used-car dealership told the newspaper.

To contact the reporter on this story: Lenka Ponikelska in Prague at lponikelska1@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net


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