Automotive
MHS Truck&Bus: Bucharest Beltway A Real Hurdle For Investors
Bucharest’s Beltway, which 25 years from the Revolution has just 20 of its 80 km rehabilitated, and traffic on the other 60 km unfolds at an average speed of 17 km/h, is a real hurdle for in...
LeasePlan Targets 10-15% Higher Turnover In 2015
LeasePlan Romania expects its turnover to grow 10%-15% in 2015, compared to EUR42.2 million in 2014, and the car fleet it manages will increase to some 11,000 vehicles, from 10,400 units at...
APIA: Romania Car Sales Up 15% To 5,535 Units In January 2015
Romanian auto sales rose 15.4% on the year to 5,535 units in January 2015, but fell 29.3% compared to December 2014, according to data from the Automotive Manufacturers and Importers Associa...
Dacia To Launch Anniversary Limited-Edition Version For All Models
Dacia will produce limited-edition versions of its entire range, except for Dokker Van, which will be displayed on Dacia’s stand at March’s Geneva International Motor Show in March, Renault...
ACEA: New Car Registrations In Romania Down 2.7% In January
New car registrations in Romania fell 2.7% to 4,978 units in January, from 5,118 units in the same month in 2013, while the sales volumes of Romanian Dacia rose 7.3% to 30,280 units, above t...
ALD Automotive Targets Raising Fleet To Over 9,000 Vehicles After 15% Growth In 2014
ALD Automotive, the operating leasing division of BRD group, targets increasing its fleet to more than 9,000 vehicles, after a 15% growth in 2014, to around 8,400 units and a turnover of EUR...
Euroins Romania Underwritings Down 6.7% In 2014, To RON479M
Insurer Euroins Romania ended 2014 with underwriting revenues of RON479 million, down 6.7% on the year, as the company restructured its mandatory car insurance (RCA) portfolio, the company s...
Government Expects 15,000 New Cars To Be Sold In 2015 Through First Car Scheme
In 2015, sales of new cars to individuals will be supported both by the clunkers program (Rabla) and by the First Car scheme and people aged below 35 will be able to buy a new passenger car...
Renault 2014 Net Profit Up 1.3%, To EUR1.99B, Due To Higher Dacia Sales
French group Renault, Europe’s third largest automaker, registered a net profit of EUR1.99 billion in 2014, up 1.3% from EUR695 million in 2013, due to an increase in sales volume in Europe...