car market

Romanian Car Market To Drop Up To 10% In 2011 – Dealers

The Romanian car market will drop up to 10% this year compared to 2010, mainly due to lack of financing, according to car dealers.

Romania New Car Market Falls 30% In First 9 Mos, 5th Biggest Decline In EU

Romania's new car market registered the fifth biggest decline in the European Union in January-September, of 29.7% on the year, compared to an average decline of 4.3% in the EU, according to the European Association of Carmakers (ACEA).

Romanian Car Mkt May Shrink 30% This Year – Peugeot Importer

The Romanian car market will be 25-30% smaller this year than in 2009, but it may be rejuvenated in 2011 if the state-sponsored clunkers program continues, said Narcis Ghita, general manager of Peugeot importer Trust Motors.

Romania’s Car Market Posts Biggest Drop In EU In Jan-May Interval, Registrations Fell 49%

The Romanian car market registered the most abrupt decline in the European Union regarding the number of new car registrations in the January-May interval, and the 49% decrease brought the total number of registrations in the first five months of 2010 to 26,351 units.

Romania Jan-May New Car Registrations Dn 57.5% YY To 51,648 Units

Romanian new car registrations fell 57.5% on the year to 51,648 units in the January-May interval, Interior Ministry data showed Tuesday.

Romanian New Car Sales Down 56% In March 2009

Sales of new cars on the Romanian market dropped by 55.9%, to 13,484 units in March, and by 56% in the first quarter, to 29,674 units, according to the data of the Romanian Automobile Producers and Importers Association (APIA).

Romania’s New Car Sales Seen Up 5% Tops In 2008

Romania’s new car sales will see an increase of only 5% in 2008, on higher imports of used cars and unchanged decommissioning bonus for old cars, the Automotive Manufacturers and Importers Association, or APIA, said Monday.