Automotive
Romanian Auto Market Falls 23.8% YoY in 1Q/2020
Romania’s auto market declined 23.8% on the year in the first quarter, while the contraction in March alone was 33%, data from the Automotive Manufacturers and Importers Association (APIA) s...
Compa Proposes Shareholders The Second Profit Distribution Option: RON8.3M Dividends At 6.5% Yield
The Board of Directors of Romanian car parts manufacturer Compa Sibiu (CMP.RO) has proposed to complete the agenda of the shareholder meeting of April 27, 2020 with the second option for the...
Dacia Gradually Resumes Production Starting Mid-April
Romanian carmaker Automobile Dacia, owned by France's Renault, said it would gradually resume production starting mid-April, the company said Thursday.
Automotive Wiring Manufacturer Fujikura To Make Face Shields For Doctors In Romania
Automotive wiring manufacturer Fujikura Automotive Romania, the local subsidiary of the Japanese Fujikura group, has started production of face shields doctors need in their fight against th...
ACAROM: New Car Registrations In Romania Down 32% YoY To Just 6,654 Units In March 2020
New car registrations in Romania decreased by 32% on the year to just 6,654 units in March 2020, and by 22% to a total 27,979 units in the first three months of 2020, data from the associati...
Dacia Keeps Losing Ground In UK Too, With 60% Plunge In New Car Registrations In March
New car registrations of Romanian carmaker Dacia continue to be significantly affected by the coronavirus pandemic.
Pandemic Hits Romanian Dacia's 1Q Sales in Europe
Dacia registrations have been severely affected by the coronavirus pandemic and the Romanian carmaker's sales were among the hardest hit in Europe.
Six Weeks Of Shutdown For Auto Industry: Over EUR3.7B Losses, 70,000 Cars Not Made
The extension of the furlough period in the auto industry will lead to additional losses for the local automotive industry, which should have reached a new all-time high this year, thanks to...
Ford Keeps European Production Facilities Closed at Least Until May 4
Ford confirmed Friday that the temporary suspension of vehicle and engine production at most of its European manufacturing sites is now expected to run at least until May 4.