Automotive
Romanian Operating Leasing Market Seen Rising 15% This Year
Romania's operating leasing market has grown 13% in the first nine months of the year, to 47,000 units, and is seen rising 15% for the full year, above initial expectations of 9%.
Transporters Boosted Romania’s Leasing Market Close To EUR1B In January-September
Financing the acquisition of commercial vehicles fueled the growth of Romania’s leasing market, by 18.7%, to EUR987.5 million in January-September 2014.
Trust Motors: Romania's First Car Scheme Set To Bring Rising Volumes For Importers As Well
The First Car scheme, which is to be launched in Romania next month and allow a lower level of interest rates for those who want to buy a new passenger car for up to RON50,000, after the mod...
APIA: Romania Car Sales Up 27% To 48,326 Units In January-September
Romanian new passenger car sales rose 27% on the year to 48,326 units in January-September, the Automotive Manufacturers and Importers Association, or APIA, said Friday.
Romania Posts Fourth Biggest Growth In EU Car Sales In January-September
Romania registered the fourth largest increase in new car registrations in the European Union, of 25.5%, in the first nine months of 2014, and Dacia saw the third highest growth, of 29.2%, t...
EC Opens Three Infringement Proceedings Against Romania
The European Commission on Thursday opened three infringement proceedings against Romania for failing to fully transpose EU legislation on rail safety, implement regulatory rules regarding i...
Turkish Manufacturer To Hire 200 For Plant Near Automobile Dacia
Automotive seating systems manufacturer Martur, held by Turkish Ustunbek group and UniCredit, will hire 200 people for a plant in Cateasca, Arges County.
Renault Technologie Roumanie Renews North Gate Lease For Four Years
Renault Technologie Roumanie (RTR), the engineering center of French carmaker Renault, will remain in the North Gate office building in Bucharest for another four years.
Renault Commercial Roumanie’s New Head Set To Defend Dacia’s 30% Market Share
The Romanian government can make further moves to prop sales of new cars and the new scheme it proposed, the First Car, can function in parallel with the future clunkers scheme, says Czech-b...