Automotive
Alexandru Popescu Appointed Commercial Director Of ALD Automotive Romania
ALD Automotive, the operating leasing and car fleet management division of Société Générale, on Tuesday announced the appointment of Alexandru Popescu to the position of commercial director...
Romania’s Car Production Drops Nearly 20% YoY In June 2020
The two car assembly factories in Romania, Automobile Dacia and Ford, produced a total 35,121 vehicles in June 2020, 19.13% fewer than in June 2019 when car production reached 43,429 units,...
Dacia Returns to Growth in France; Registrations Grow 9% in June
Romanian carmaker Dacia, owned by France's Renault, registered growth in new registrations in France in June for the first time in 2020, after double-digit decline in January-May.
Ford Romania Will Not Extend Definite-Term Contracts For Some 200 Employees In Context Of COVID-19 Pandemic
Ford Romania will not extend the employment contracts concluded for a definite period of time, as the European automotive market continues its contraction due to the coronavirus pandemic.
Low Demand Keeps 60,000 Romanian Auto Industry Employees on Furlough
Around 60,000 employees in the Romanian auto industry, accounting for roughly a quarter of the total, remain on furlough due to low demand and lack of orders as production was resumed at a l...
Window Maker Casa Noastra Buys 100 Ford Puma Vehicles Made At Ford’s Craiova Plant
Ford Romania, via car dealer Plusauto Craiova, has started the delivery of 100 Ford Puma vehicles to Romanian window manufacturer Casa Noastra, which owns the QFORT window brand on the local...
Romanian Insurance Market Seen Down 15% in 2Q, Recovering in 3Q
The Romanian insurance market, which grew 10% in the first quarter, is expected to post a decline of 15% in the second quarter due to pandemic driven restrictions but may recover in the thir...
ACEA: Commercial Vehicle Registrations In Romania Plunge 40.5% YoY In January-May 2020
New commercial vehicle registrations in Romania declined by 42.5% in May 2020 compared with May 2019, and by 40.5% year-over-year in January-May 2020, data from the European Automobile Manuf...
Pirelli Romania Turnover Grows 15 in 2019, to RON2.79B
Pirelli Tyres Romania, the local subsidiary of Italian giant Pirelli, reported a turnover of RON2.79 billion (EUR589.8 million) in 2019, up 15% on the year, finance ministry data showed.