Romanian Auto Market Heads for Fifth Year of Growth

October 2018 was the best October in the past decade for the local auto market, with 18,274 vehicles sold, 19.5% more than in October 2017, data from the Automotive Manufacturers and Importers Association (APIA) showed Wednesday.

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In January-October, vehicle sales in Romania grew 20.1% on the year, to 153,105 units.

On the European market, October was the second month running of decreases in vehicle sales (-7.3%). In January-October, vehicles sale sin Europe grew 1.6% on the year.

Growth in Romania was mainly driven by sales to companies, accounting for 61% of total sales in January-October, but sales to individuals grew 35.6% on the year in the first ten months, to 37,453 units.

Imports of used cars dropped 8.6% on the year in October and 8.4% in the first ten months.

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