Automotive
Automobile Dacia Ranks Sixth Among Eastern European Carmakers By Turnover, With EUR5.17B In 2022
Carmaker Automobile Dacia placed sixth in a ranking of carmakers in Eastern Europe by turnover, reporting EUR5.17 billion for 2022.
Ford Otosan Craiova To Start Churning Out the New Transit and Tourneo Courier Models on Oct 24
On October 24, the Fort Otosan Craiova plant will officially start producing the new Transit and Tourneo Courier model beside Puma.
ACAROM: New Car Registrations Up 15.46% YoY To More Than 110.011 In January-September 2023
New car registrations in Romania increased by 15.46% to 110,011 units in January-September 2023 compared to the same period of 2022, but fell by 11.59% on the year to 10,545 units in Septemb...
Brake Pads Maker TMD Friction Sees Revenue Up 20% To RON311.8M In 2022
TMD Friction Romania, which owns the Textar brake pads brand, posted RON311.8 million (EUR63.2 million) revenue in 2022, up 20% compared with the previous year’s RON259.7 million (EUR52.8 mi...
Daniel Baluta, Bucharest District 4 Mayor, Pledges New Airport in Bucharest’s South
Daniel Baluta, mayor of Bucharest’s District 4, together with Giurgiu County Council, have started procedures for the construction of an airport in Bucharest’s south.
Tesla Likely to Open First Bucharest Showroom
Tesla is likely to open its first dedicated center in Romania in the coming year and, in line with real estate data this could be located near Swan offices in Pipera Nord.
ACAROM: Romania’s Car Production Down 4.5% in July-Aug 2023 vs Year-Earlier Period
The passenger car output of the two automotive plants of Romania, Dacia and Ford, in the July-August 2023 period dropped by 4.5% year-on-year, to 58,929 units, in line with data provided by...
Yazaki Closes Plant In Buzau, Cuts Jobs In Ploiesti
Yazaki Group, one of the largest automotive component suppliers, on Thursday announced it would adjust production capacity given the current situation of the global market, where the electri...
ACAROM: New Car Registrations Up 19% To 99,466 In January-August 2023
New car registrations in Romania increased by 2.82% to 12,891 in August 2023 compared with August 2022, and by 19.3% to 99,466 in January-August 2023, Romanian carmakers’ association ACAROM...