Automotive
EY Study: Electric Vehicle Adoption Accelerated Faster Than Expected
Electric vehicle (EV) adoption has accelerated faster than predicted considering that globally EV sales doubled in 2021 and jumped 55% in 2022 to account for 13% of all vehicles sold, accord...
Porsche Finance Group Puts Romanian Helian Redai In Charge Of Its Romanian Division
Porsche Finance Group, one of the leading providers of financing, insurance, maintenance and car mobility solutions in Romania, has announced the appointment of Helian Redai to the position...
New Car Registrations in Romania Up 37% in Jan-Feb 2023 To 24,715 Units
Romania ranks 14th in the EU by the number of new passenger cars registered in January-February 2023, with 24,715 units, up 37.7% from the year-ago period.
Deloitte: Interest In Electric And Hybrid Cars On The Rise
Interest in electric and hybrid cars remains high among consumers, mainly due to the lower fuel costs compared to internal combustion engines, to the concern about climate changes and the go...
ACAROM: Romania’s Car Production Up 10% YoY To 87,328 Units In January And February 2023
Dacia Mioveni and Ford Otosan Craiova, the two car plants in Romania, manufactured 87,328 vehicles in January and February 2023, 10% more than 79,282 units produced in the first two months o...
Hella Romania Invests EUR20M in New Timisoara Unit
Car parts producer Hella Romania, the local subsidiary of German concern Hella, is investing EUR20 million in the new unit of Ghiroda, Timisoara, an investment due to be tripled for the acqu...
International Alexander Ends 2022 With EUR280M Turnover
International freight forwarding and logistics group International Alexander, based in Arad, ended 2022 with a turnover of EUR280 million and expects to maintain it in 2023, according to com...
Freight Carrier Sorcani Expects 20% Growth in Revenue in 2023
Road freight transport company Sorcani, based in Sibiu, ended 2022 with RON77.5 million (EUR16 million) revenue, an increase from the RON55 million of 2021, its officials said.
Autonom Services Orders 200 Electric Vehicles Worth EUR10M
Autonom Services, the mobility network controlled by brothers Marius and Dan Stefan, ordered 200 electric vehicles worth EUR10 million and thus speeds up its fleet electrification.