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Dacia Sells Cars Worth EUR2.2B On Its Largest Markets
Automotive

Dacia Sells Cars Worth EUR2.2B On Its Largest Markets

French group Renault, owner of Romanian carmaker Dacia, sold almost 185,000 cars on Dacia’s ten largest markets in the first eight months of 2013, up almost 5% on the year. They have a total...

Tudor Ioana Raluca · 16.09.2013 · 07:54 · 1 min
Leasing Companies Rely On Vehicle, Equipment Leasing To Keep Going
Banks-Insurance

Leasing Companies Rely On Vehicle, Equipment Leasing To Keep Going

Leasing companies affiliated to banks have relied either on funding for vehicle or equipment purchases to keep their business going, as the first half rankings show.

Tudor Ioana Raluca · 16.09.2013 · 00:00 · 2 min
Where Romanians Insure Their Houses And Cars
Banks-Insurance

Where Romanians Insure Their Houses And Cars

Romanian-held Astra leads the ranking of insurers that get the largest revenues from property policies, with gross underwritten premiums of 177 million lei (EUR40 million) in the first six m...

Tudor Ioana Raluca · 13.09.2013 · 00:00 · 3 min
Renault CEO: It’s Not Dacia, It’s Renault’s MO Platform That’s Growing
Automotive

Renault CEO: It’s Not Dacia, It’s Renault’s MO Platform That’s Growing

Renault’s plant in Tangiers, Morocco, is now as competitive as the Dacia plant in Mioveni, Romania, less than two years after opening and will become even more competitive than its rival.

Tudor Ioana Raluca · 11.09.2013 · 00:00 · 2 min
APIA: Car Sales Down 13.2% On Year To 36,069 Units In January-July
Automotive

APIA: Car Sales Down 13.2% On Year To 36,069 Units In January-July

Romanian new passenger car sales fell 13.2% on the year to 36,069 units in January-July, the Automotive Manufacturers and Importers Association, or APIA, said Friday.

Ioana Tudor · 23.08.2013 · 19:02 · 1 min
Used Car Imports Skyrocket In July
Automotive

Used Car Imports Skyrocket In July

Romania’s used car imports reached the highest level in three years in July 2013, when 26,800 units were imported, up 72% on the year, according to the data provided by the Driving License a...

Loredana Frățilă-Cristescu · 21.08.2013 · 00:00 · 1 min
ALB: Leasing Market Fell 16% On Year To EUR546M In 1H
Automotive

ALB: Leasing Market Fell 16% On Year To EUR546M In 1H

The Romanian financial leasing market shrank 16% on the year to EUR546 million in the first half of 2013 due mainly to lower new car sales, according to association of financial companies AL...

Ioana Tudor · 13.08.2013 · 13:51 · 1 min
Manta, Chevrolet: Romanian Car Market To Return To The 1993 Level This Year
Automotive

Manta, Chevrolet: Romanian Car Market To Return To The 1993 Level This Year

The Romanian car market is this year heading towards the volumes of the early 90s, when sales were dominated only by Dacia and imports were low, the purchasing power was affected by a very h...

Tudor Ioana Raluca · 12.07.2013 · 00:00 · 3 min
Dacia Exported Over 2 Mln Cars Though Its Logistics Center In Mioveni
Automotive

Dacia Exported Over 2 Mln Cars Though Its Logistics Center In Mioveni

Romanian carmaker Dacia, owned by French group Renault, exports over 90% of its car production and has shipped to other countries over 2 million cars since 2005 through its logistics center...

Ioana Tudor · 10.07.2013 · 16:13 · 1 min