The increase in registrations of new commercial utility vehicles is higher than the increase in registration of used ones, 15% to 25,000 units in the first five months compared with the year-ago period.
The growth in sales of commercial utility vehicles reflects the growth of economy and consumer spending, as such vehicles carry the goods bought and those made in Romania.
The growth comes after a decline in new commercial utility vehicle registrations by 27% in 2020, as many companies postponed refreshing or expanding their fleets.
The same goes for the new car market, where fleet refreshes were postponed for 2021, leading to a decline in the number of used cars on the market and to an increase in prices thereof. Moreover, whereas there were no new cars in stock due to the manufacturing stoppages caused by pandemic in 2020, now the inventory problems are caused by the microchip shortage.
In all, new vehicle registrations stood at almost 10,200 units in May, 19% more than in May 2020, of which 8,200 cars, an increase of 15%.
(English version by Loredana Fratila-Cristescu)