Automotive
Dacia Upgraded 40 Local Showrooms In Over EUR500,000 Investment
Romanian carmaker Dacia, owned by France's Renault, has invested over EUR500,000 to modernize 40 showrooms, accounting for over a half of its local network, between June 2014-December 2015.
ASF Urges Some Insurers To Recalculate RCA Tariffs, Scraps 10% Ceiling On Car Policy Discounts
Romania’s Financial Supervisory Authority (ASF) has urged some insurance companies to recalculate the tariffs for mandatory car insurance (RCA) premiums after having detected irregularities...
Costescu: Transport Ministry’s Budget Cut Is Temporary, Its Budget May Be Hiked By RON2B
The Transport Ministry was allotted a total RON11.86 billion in the state budget plan for 2016, but the amount could be supplemented by RON2 billion, depending on the ministry’s performance.
Brenciaglia, Ford: VAT Cut And Wage Raises To Give Auto Market A Boost
The retail segment will regain ground on the auto market, after having significantly shrunk over the past seven years due to the economic crisis, as more and more people will be able to affo...
Dacia Registrations In UK Up 41% In November
Romanian carmaker Dacia’s new car registrations in the United Kingdom surged 41% in November, to 2,438 units, but grew 8.35% in the first eleven months of 2015, to 24,225 units, according to...
Maure: We Want More Suppliers Near Dacia Plant
Automobile Dacia, the largest company in Romania by revenue, wants to bring more suppliers of the Renault group near its plant in Mioveni, to make implementation of the ‘just in time’ delive...
Wizz Air To Open Airbase In Iasi, Introduce Five New Routes In 2016
Low cost airliner Wizz Air will open an airbase in Romania’s eastern city of Iasi, introduce five new routes and supplement the frequency of Wizz Air flights from Iasi to London and Milan, s...
Dacia Registrations In Germany Down 7.1% In January-November
New registrations of Dacia cars in Germany declined 7.1% on the year in January-November to 41,930 units, while the German car market rose 5.4%, to 2.958 million units, according to German c...
Hyundai Auto Romania Boss Sees 10% Rise In New Car Sales In 2016
Hyundai expects a 10% increase in sales of new cars next year, largely because of the economic growth, says Teodor Brusalis, Hyundai Auto Romania chief executive.