Automotive
ACAROM: Romania’s Car Production Grows 7.1% YOY In Q1/2024 To 152,912 Units
Romania's two carmakers, Automobile Dacia and Ford Otosan, manufactured a total 152,912 vehicles in the first three months of 2024, 7.1% more than in the same period of 2023, data from the c...
New Car Registrations Down 26% In March 2024
New car registrations fell 26% to 9,156 units in March 2024 compared with March 2023, police data show and the decline also affected electrified cars. The latter saw a decline of 9% and thei...
Germany’s Leoni Seeks to Hire 265 People at Bistrita Plant
Automotive wiring maker Leoni Wiring Systems Ro, part of German group Leoni, currently has 265 jobs available at Bistrita plant.
New Car Registrations In Romania Drop 25% YoY In March 2024
New car registrations in Romania posted a 25% decline in March 2024 against the same month of 2023, to 9,156 units, in line with data provided by Romanian carmakers’ association ACAROM.
BCR Contributes EUR84M To EUR435M Syndicated Loan Ford Otosan Romania Took Out
BCR contributed EUR84 million (19.3%) of the EUR435 million syndicated loan that Ford Otosan Romania, subsidiary of Ford Otosan Turkey, took out to support production of the new Ford Puma, o...
Porsche Romania Delivers 300 EV Charging Stations To Eldrive Romania
Eldrive Romania and MOON Power, part of Porsche Romania, the general importer of Volkswagen, Audi, Seat, Cupra, Skoda, Das WeltAuto brands, have signed a contract worth over EUR5 million, fo...
Ford Otosan Romania Borrows EUR435M to Fund Ford Transit Courier and Ford Tourneo Courier, Launch New Ford Puma Model
Ford Otosan Romania, a subsidiary of Turkey’s Ford Otosan, has sealed a 7-year loan agreement worth EUR435 million with a bank syndicate to finance the future generation of Ford Transit Cour...
Ambulance Maker Deltamed Sees 88% YoY Increase In Revenue To EUR36M In 2023
Cluj-based Ambulance and special vehicle maker Deltamed ended 2023 with about EUR36 million revenue, an increase of 88% on the previous year, as a result of higher number of projects and a f...
New Car Registrations in Romania Down 8.9% Annually in February
New car registrations in Romania posted an 8.9% decline in February against the same month of 2023, to 11,339 units, of which 1,109 were full electric ones, up 6.6% year-on-year, and 3,736 h...