AUTO
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APIA: Romania Car Sales Up 18% In January-May
Romanian car sales rose 17.9% in annual terms in January-May, while the overall auto market, which includes cars and commercial vehicles increased 18.3% in the same period, the Automotive Ma...
Mercedes-Benz Romania’s CEO: Lack Of Infrastructure Chases Away Investors
Romania’s infrastructure problems are limiting the country’s potential of attracting foreign investments such as a third car factory on the local market, said Boris Billich, chief executive...
Leoni To Hire 500 For Its Automotive Cable Plant In Arad
Wiring manufacturer Leoni Wiring Systems Arad, a subsidiary of Germany’s Leoni group, will hire about 500 people for the automotive cable plant in Arad this year, to complement the 4,700 alr...
Dacia Registrations In France Decline 13.6% In 1Q
Registrations of new Dacia cars in France, its biggest market, declined 13.6% on the year in the first quarter, to 24,497 units, the biggest decline among carmakers with large sales volumes,...
ACEA: New Car Registrations In Romania Up 3.7% In January-February
New car registrations in Romania increased 3.7% on the year in January and February, while Dacia deliveries in the EU rose 3.6%, to 57,106 units, and a 3% market share.
Female Executives Dominate Luxury Auto Market
The most prestigious car brands officially available in Romania are run by women, who are directly responsible for sales of tens of millions of euros of brands like Ferrari, Bentley, Lamborg...
Romania Posts 21.6% Growth In Car Sales In 2014, Fourth Highest In EU
Romania had the fourth highest growth rate in new car registrations in the European Union in 2014, of 21.6%, as the European market grew for the first time since 2007, while Romanian carmake...
Only Four Out 11 Segments Grew Faster Than Overall Auto Market In Jan-Oct
Out of the 11 segments of the local auto market, only the luxury, subcompact, compact SUV and compact car segments saw a higher growth rate than the entire market's, 24%, in January-October...
Dacia’s Market Share In Europe Rises In 3Q; Renault Posts Higher Revenue
Romanian automaker Dacia increased its market share in Europe by 0.2%, to 2.4%, on the year in the third quarter of 2014, and remains the brand with the highest increase on the European auto...