CAR
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Luxury Car Registrations up 24% in Romania in 2019
Sales of luxury cars saw their best year in a decade in 2019, as brands added SUVs and new sedans to their portfolios and the economy went through its eighth year of growth in a row.
Luxury Car Market Up 55% In Jan-Nov
More than 70 cars with a price tag of over EUR200,000 were registered in Romania in the first eleven months of the year, according to the Driver’s License and Vehicle Registration Department...
Korean Group Invests EUR9M in Automotive Water Pump Plant in Arges County
GMB Romania Auto Industry, a company part of the GMB Korea group will begin production in a new facility built in Oarja, near Pitesti in southern Romania, a town where several Dacia investme...
Christophe Dridi, Dacia: Romania’s Car Production to Reach at Least 650,000 Units after 2020
Dacia and Ford, the two carmakers in Romania, will see production reach 650,000 cars after 2020, but the auto industry needs support to continue to develop.
Michelin: Car Tire Market up 65% in Four Years
Sales of tires will continue to increase this year; as Romanians are buying more and more new and used cars, the market of tires for them will stand to gain, tire maker Michelin believes.
Romania Beat Hungary and Poland by Car Production in 2018
Romania climbed to eighth place among car manufacturing countries in Europe, beating Hungary and Poland, data from the European Automobile Manufacturers' Association (ACEA) show.
Dacia and Ford Assembled EUR7B Worth of Cars in Romania in 2018
The start of production of the new SUVs – Duster and EcoSport led to a significant increase in the number of cars assembled in Romania last year, considering the SUV segment is the most dyna...
Supermarkets and Apartments Replace Car Showrooms in Prime Locations in Bucharest
Car showrooms used to be located in areas rather far from the city center or in the outskirts 15 to 20 years ago, but the expansion of Bucharest has led to them being surrounded by new retai...
Electric Car Sales Up 150% in Jan-Oct
Sales of electric cars (fully electric and plug-in hybrids) went up 150% in the first ten months of 2018 compared with the year-ago period to 740 units, and a market share of 2.7%, according...