Automotive
Blue Air 2015 Passengers Pass The 2 Million Mark
Low-cost airline Blue Air said it carried more than two million passengers in 2015, a record high for the company.
Eberspaecher Invests EUR32M In Automotive Component Plant In Oradea
German automotive air conditioning equipment manufacturer Eberspaecher will start a EUR32 million greenfield investment in a component plant in the Eurobusiness industrial park in Oradea nex...
Uniqa Posted Loss Of RON100M On RCA Policy Segment For Road Transporters In 2012-2015
Insurance company Uniqa on Tuesday said the segment of mandatory car insurance RCA for road transporters in its portfolio generated loss of RON100 million between 2012-2015, which had a majo...
Romanian Auto Market Rises 18.6% In Jan-Nov
Romania's auto market grew 18.6% in annual terms in January-November, to 109,716 units, while locally made vehicle sales rose 16.9% on the year, the Romanian Automotive Manufacturers and Imp...
Auto Liability Insurance Bone Of Contention Between Transporters And Insurers
The Ciolos Cabinet on Thursday was put through one of the most difficult tests since it took office, the transporters’ protests against the rise in auto liability insurance (RCA) prices for...
2015 In Review: Ten Most Important Events In Auto Industry
The year 2015 brought the market back to more than 100,000 new vehicles sold after six years of decline, while in terms of production Romania turned into a regional hub, from the automation...
ACEA: New Car Registrations In Romania Up 12.1% In January-November; Dacia Sales In EU Up 3.3%
New car registrations in Romania rose 12.1% to 72,423 units in the first eleven months of 2015, from 64,577 units in the year-earlier period, while sales of Romanian Dacia cars in the EU gre...
Continental Completes EUR10.5M Investment In Tire Factory To Reduce Smell
Continental Anvelope Timisoara, part of German auto group Continental, has completed a EUR10.5 million investment in a system that reduces the smells eliminated in the production process, th...
Swiss Automotive Group Buys A 51% Stake In Autonet
Swiss Automotive Group, one of the largest European independent provider of car parts, will buy a 51% stake in the leading local provider of car parts, Autonet, the company said in a stateme...