auto market

Autovit.ro: Romania’s Auto Market Had, In First 3 Months, The Most Dynamic Quarter In Last 8 Years

Romania’s auto market registered, in January- March 2017, the most dynamic quarter of the last eight years, according to an analysis by Romanian car fair operator Autovit.ro.

Romania Is EU’s 16Th Largest Car Market By 2010 New Car Registrations

Romania is the 16th largest auto market in the European Union by new car registrations in 2010, whose number dropped three times more abruptly locally than in the EU, according to data released Friday by the European Carmakers Association ACEA.

Romanian Auto Market 14th Largest In EU In Nov – ACEA

The Romanian auto market had the fifth biggest growth in the EU in November and climbed a position in the ranking of the biggest car markets in Europe, to 14 from 15 last year, according to data released Wednesday by the European Carmakers Association (ACEA).

Romania’s Auto Market Saw 4th Biggest Decline In EU In Jan-Aug

Romania’s car market registered the fourth largest decline in the European Union in the January-August interval, of 32.2%, as the number of new car registrations across the EU dropped 3.5%, according to the Association of European Carmakers (ACEA).

Romanian Car Market Sees Third Largest Decline In EU In 1H, Of 41.5%

Romania’s car market registered the third biggest decline in the European Union in the first half of the year, of 41.5%, while bigger declines were registered only in neighboring Bulgaria and Hungary and the EU car market increased 0.2%.

Romanian Auto Mkt Dn 63% In New Car Registrations In Feb, Sharpest Decline In EU

Romania’s auto market registered the sharpest decline in the European Union in February, as the number of new car registrations decreased 63% compared to February 2009, while the EU market increased 3%.

Eliminating Import Duties On South Korean Cars Would Ruin Auto Industry – Romanian Carmakers

Eliminating duties for cars imported from South Korea can seriously affect the European auto market, and the Romanian auto market implicitly, along with enforcing the Free Trade Agreement between EU and South Korea, Constantin Stroe, head of the Romanian Association of Carmakers ACAROM, said Friday.

Romanian Auto Mkt Declined 58% In 1H, More Than Statistics Show -Official

The Romanian auto market declined about 58% in the first half of the year, stronger than the decline indicated by statistics which counted sales outside the country as sales on the local market, said Thursday Brent Valmar, head of the country’s Association of Carmakers and Importers (APIA).

Romania New Car Sales Dn 35.7% In Apr, Dn 50.8% In Jan-Apr

Romania’s new car sales decreased 35.7% on the year in April, to 14,884 units and by 50.8% on the year in the first four months, to 44,558 units, according to the Romanian Association of Car Manufacturers and Importers (APIA).

Romanian New Car Mkt Could Go Dn To Half In 2009, 100,000 Jobs In Jeopardy

New car sales risk dropping to half this year, at around 150,000 units, and nearly 50% of jobs in the Romanian auto industry, namely 100,000, might be scrapped, said Wednesday Brent Valmar, head of the Romanian Association of Carmaker and Importers, or APIA.

FOCUS: Auto Importers in Romania, Carmaker Dacia Cut Costs, On Lower Demand

Massive used car imports and harsher lending conditions, in the fallout of the global financial crisis, prompted Romanian auto importers to cut costs, scale down their car fleet, curb the expansion process and hire people only in exceptional cases, while local car maker Dacia even halted production.