Car rental company Klass Wagen, currently operating in Romania, Hungary, and Portugal, is launching the Autozentrum brand and opening its first subsidiary in Germany, becoming the first Romanian company to sell used cars in the EU.
The new location in Spaichingen, Baden-Württemberg, is the result of an initial investment of over €1 million and is part of a broader strategy to launch a European network for the sale of used cars under the Klass Wagen Autozentrum umbrella.
The new subsidiary in Germany aims to sell at least 500 units by 2026 and achieve an estimated turnover of €8–9 million., as Klass Wagen plans to open one or two more locations in Germany by 2026.
We started in 2009 by buying cars from Germany, we are returning there after 16 years, this time not to buy, but to sell. It is a paradigm shift. For decades, Romanians have been going to Germany to buy used cars. It is a bold project and proof that trust in Romanian brands can be built beyond borders
Norbert Sabou, CEO of Klass Wagen
Klass Wagen currently sells approximately 2,000 used cars annually in the wholesale segment across Europe, generating sales of over €35 million per year. Autozentrum offers more than 25 brands and 57 car models for sale, ranging in age from 1 to 4 years.
