The first 5000 tickets for Formula 1 which takes place in the Algarve on 23-25 October have sold out. The event is expected to draw in millions of euros in hotel stays and restaurant revenues for [...]
The PSA Group has purchased the Portuguese second-hand car part company Amanhã Global – B-Parts. PSA (Peugeot, Citroen and Opel) has purchased the Portuguese company Amanhã Global, which [...]
Car production in Portugal has recovered to 80% of pre-Covid levels by this month despite having been down by 36.2% for the first half of 2020. Some 22,943 heavy and light vehicles were [...]
The Portuguese Automobile Association (ACAP) says that despite the car sales market reopening, the public are showing little interest in buying new cars. Car sales in the Portuguese car retail [...]
Portugal is producing more and more cars and for new markets according to the Portuguese Automobile Commerce Association (ACAP). The majority of these cars produced are exported to Europe with [...]