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Jaanus-Peeter Palm

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cars and car supplies, car sales - passenger cars, car representations, Media and Printing, Motor vehicles, Culture and Education, recreation and entertainment

CITY MOTORS AS's activity report 2022

Introduction In 2022, problems with obtaining new vehicles and spare parts continued, which was due to the slower than expected recovery of supply chains and the war in Ukraine. At the same time, demand remained on the domestic market, which occasionally exceeded supply, and such a combination led to an increase in margins compared to previous periods. A significant focus for City Motors during the reporting year was the realization of synergy resulting from the merger of Fakto Auto and City Motors in 2021. This was largely successful. City Motors AS operates in three locations - in Tallinn

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