Romania’s Car Production Might Hit 520,000 Units By 2014 – Pwc Survey

The research said Romania could be the third fastest growing car production market in Central and Eastern Europe, behind Ukraine (242% increase by 2014) and Russia (235%).

„We anticipate a strong growth rate for the Romanian auto industry in the next 5 years, as recent investments in the Craiova plant will make it fully operational and the Pitesti plant will have its production capacity increased to meet rising demand for newly launched car models,” said the head of PwC Romania Automotive Group, Ionut Simion.

In the January-May 2010 interval, car production in twelve leading car producing countries increased by 47.6%, compared to the same interval last year, reads the survey.

Romania’s car production was up 24.7% in the first seven months of the year, to 219,656 units. Automobile Dacia, owned by French Renault, produced 215,463 cars in the first seven months of the year and Ford Romania produced 4,178 units in the same interval.