Automotive
New Car Registrations in Romania Up 25.4% in 1H/2023 To 73,645 Units
Romania continues to rank 14th in the EU by the number of new cars registered in January-June, with a volume of 73,645 units, up 25.4% from the year-earlier period, of which 6,998 were full-...
Dacia Sales Up 24% in 1H/2023 from Year-Earlier Period
Dacia sales in the first half of 2023 climbed by 24% to 345,432 units. 2019 has been the best year for Dacia so far, with 736,000 sold units.
Helbako Electronica Sees 37% Growth In Revenue To RON176M In 2022
Electronic components manufacturer Helbako Electronica, the Romanian subsidiary of Germany’s Helbako GmbH, posted about RON176 million (EUR35.6 milion) revenue in 2022, an increase of 37% on...
Electric Car Market Share in Romania Nears 10% in 1H/2023
The market share of electric cars reached almost 10% in the first half of this year and topped 12% in June, in line with calculations by the Automotive Manufacturers and Importers Associatio...
ACAROM: New Car Registrations In Romania Up Over 19% YoY To 13,173 Units In June 2023
New car registrations in Romania increased by 19.03% on the year to a total 13,173 units in June 2023, data from the association of automotive manufacturers in Romania (ACAROM) showed on Tue...
EY: Cost-Of-Living Crisis Fuels Rise In Electric Vehicle Popularity
Consumers are increasingly confident about owning electric vehicles (EVs), with rising fuel costs, environmental concerns and lower ownership costs driving a spike in EV purchasing intent, a...
Car Parts Maker VCST Reports 83.4% Surge In 2022 Profit, To RON7.5M
Automotive component manufacturer VCST Automotive Production Alba, the local subsidiary of Belgian group BMT, ended 2022 with a net profit of RON7.5 million (EUR1.5 million), up 83.4% from R...
Lear Corporation Romania Reports Over RON1.4B In Turnover For 2022, Up 25% YoY
Automotive component manufacturer Lear Corporation Romania, the local subsidiary of US-held Lear Corporation which produces car seats and electronic systems for the automotive industry, had...
Preh Romania Posts 18% Growth In Revenue To RON1.37B In 2022
Car components manufacturer Preh Romania, a supplier for Porsche, Mercedes and Tesla, posted more than RON1.37 billion (EUR279.7 million) revenue in 2022, up by about 18% on 2021, according...