Automotive
BRD Sogelease Appoints Frédéric Banco as General Manager
BRD Sogelease, the leasing division of Romanian lender BRD - Groupe Societe Generale, has appointed Frédéric Banco as general manager.
ACAROM: Registrations Of New Diesel Cars Down 20.9% YoY In 1H/2019
Registrations of new Diesel-powered cars fell 20.9% in Romania year-over-year in the first six months of 2019, to 20,726 units, while registrations of new gasoline-powered cars grew 48.9% to...
Deva Plant of Eurosport DHS Makes Electric Bikes for European Consumers
The Deva plant of bicycle manufacturer Eurosport DHS held by Chinese and German investors, makes 400,000 bicycles a year, more than half of which exported. The remaining 50% goes to 200 loca...
Korean Group Invests EUR9M in Automotive Water Pump Plant in Arges County
GMB Romania Auto Industry, a company part of the GMB Korea group will begin production in a new facility built in Oarja, near Pitesti in southern Romania, a town where several Dacia investme...
Romanian Auto Market Grows 9.5% in Jan-July
New vehicle sales in Romania grew 9.5% on the year in January-July, to 115,744 units, of which 99,350 were passenger cars, up 11% on the year, data from the Automotive Manufacturers and Impo...
Duster Close to Top Spot in Small SUV Sales Ranking in Europe
Dacia Duster is one step away from becoming the best-selling small SUV in Europe in 2019, after having ended the first half with 17% growth over the year-ago period, while leader Renault Cap...
Compa Sibiu Net Profit Declines 9.5% in 1H, to RON23M
Romanian car parts manufacturer Compa Sibiu (CMP.RO) on Wednesday reported a turnover of RON398 million for the first half, up 2.67% on the year, and a net profit of RON23 million, down 9.49...
New Car Registrations In Romania Grow 52.6% In July, To 23,206 Units
New car registrations in Romania grew 52.6% in July 2019, to 23,206 units, from 15,210 new car registrations reported in the year-earlier period, data from the Automotive Manufacturers and I...
New Car Registrations in Romania Down 0.9% on Year in 2Q
Registrations of new passenger cars in Romania declined 0.9% in the second quarter this year compared with the second quarter of 2018, data from the country's statistics board showed Wednesd...