Automotive
ACAROM: Dacia Car Registrations In Romania Drop Over 32% YoY In January 2020
Registrations of new Dacia cars in Romania fell over 32% year-on-year in January 2020, while registrations of new Volkswagen and Hyundai cars grew 69% and 48%, respectively, the association...
ACAROM: Dacia Registrations In Europe Drop Over 31% YoY In January 2020
New registrations of Dacia cars in Europe decreased over 31% on the year in January 2020, amid a general decline in car registrations, the association of automotive manufacturers in Romania...
Renault Plans to Launch 100% Electric Dacia Model in 2021-2022
Renault plans to launch a fully electric Dacia model in 2021-2022, the carmaker announced Friday along with its earnings report.
Euroins Fined RON0.5M For Delaying Insurance Claim Payments
Insurer Euroins, owned by Bulgarian Eurohold group, has been fined RON500,000 by the financial supervision authority over delayed payment of insurance claims to customers, authority vice-pre...
Dacia, Ford Production In Romania Up 3.1% To 43,043 Units In January 2020
The two carmaking factories in Romania, Automobile Dacia and Ford, respectively, produced 43,043 vehicles in January 2020, 3.1% more than in the same period in 2019.
Ford Romania Getting Ready To Overshoot EUR5B Mark With Production In Craiova
Ford Romania will assemble cars worth more than 5 billion euros in its Craiova plant this year, according to ZF’s calculations, taking into account a production of 251,000 cars and an averag...
Two Continental Divisions Had Some 20% Profit Margins In 2018
Continental’s electronic component division, Continental Automotive systems, has become the most profitable division of the group in Romania, having posted 852.5 million lei net profit and a...
Michelin Romania Seeks To Hire Over 300 People At Its Plants In Romania In 2020
Michelin Romania, part of French tire manufacturer Michelin Group, plans to recruit over 300 people in 2020 for all the activities managed on the local market.
Romanian Auto Market Sees 7th Year of Growth in 2019
Romania's auto market saw its seventh consecutive year of growth in 2019, with 606,163 new vehicle registrations, up 0.3% compared with 2018, as new car sales grew 23% and used car sales dec...