AUTO
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Auto Liability Insurance Market Doubled in A Decade, Comprehensive Insurance Up 26%
Mandatory auto liability insurance (RCA) has recorded a significant increase in the past decade, as gross written premiums doubled, while comprehensive insurance (Casco) lagged behind with slower growth, some 26%, Financial Supervisory Authority (ASF) data sho...
New Vehicle Registrations in Romania Down 46.8% in January
New vehicle registrations in Romania, including passenger cars and commercial vehicles, stood at 7,625 units in January, down 46.8% compared with January 2020, the Automotive Manufacturers a...
Car Sales Decline in Romania Over Covid Crisis, Electric Car Sales Rising
Car sales on the Romanian market dropped 32.3% on the year in the fist nine months of 2020, under the impact of the Covid-19 pandemic, data from the Automotive Manufacturers and Importers As...
Romania New Car Registrations Down 34% in Jan-July
New car registrations in Romania declined 34.23% on the year in January-July, to 62,566 units, from the association of automotive manufacturers in Romania (ACAROM) showed Monday.
Romania Ranks 16th in EU by 1H New Car Registrations after 30% Decline
Romania ranks 16th in the European Union by new car registrations, with 49,616 units registered in the first half of the year, down 30.7% compared with the first half of 2019, the associatio...
Romania’s Auto Market Returns to Sales of 200,000 Units a Year in 2019
Sales of vehicles on the local market stood at some 200,000 units last year for the first time in a decade, and were 7% higher than in 2018, according to ZF estimates based on the January-No...
Romania Makes EUR30B Worth of Cars and Automotive Components
The revenue of the local auto industry, which includes Dacia, Ford and the more than 400 component manufacturers, will increase by 5.2% to EUR30 billion in 2019 compared with 2018, data from...
Nicoleta Gerea, Suzuki: Romania’s Auto Market to Grow by 10% in 2019
Suzuki sales in Romania rose by almost 23% in 2018 over 2017 and reached almost 4,200 cars. The best-selling model was the Vitara SUV, nearly 2,300 units, 15% more than in the previous year....
Romanian Auto Market At Decade High In Q1
Sales of new vehicles saw growth of 20% to 36,000 units in the first quarter, the highest level in a decade.