06.27.2012

The Romanian auto industry's turnover increased last year by 7.8%, to EUR11.4 billion, and might grow again in 2012 by 12.6%, to EUR12.5 billion, according to data presented by the Association of more

06.15.2012

New car registrations in Romania rose 12.4% to 26,000 units on the year in the first five months of 2012, the third largest increase in the European Union, while the European auto market fell 7.7% to more

06.08.2012

Daniel Antor was appointed chief executive of Tiriac Auto, part of Tiriac Holdings and the largest network of dealers on the Romanian market, on Thursday, company officials said. more

05.16.2012

New car registrations in Romania climbed 24.5% to over 18,000 units on the year in the first four months of 2012, the strongest increase in the European Union, while the European auto market declined more

04.24.2012

Romanians who drive motorbikes will be required a driving license staring next year, according to a bill approved Tuesday by the Government. more

04.24.2012

Romania’s car parts market stagnated to nearly EUR1 billion in 2011 and is seen growing slightly in 2012, according to estimates by the Romanian office of American auto parts supplier Federal Mogul. more

04.18.2012

Romania’s Competition Council will notify the Consumer Protection Authority regarding abusive practices by car dealers who are forcing clients to have their cars mended only at their repair shops or more

04.17.2012

New car registrations in Romania climbed 44.3% to 13,965 units on the year in the first quarter of 2012, the sharpest rise in the European Union, according to the European carmakers association ACEA. more

04.10.2012

The Radacini group, controlled by businessman Ali Madadi, at the beginning of this month took over the former Opel and Chevrolet auto center from Gold&Platin, buying it directly from Credit Europe more

02.28.2012

Some 45% of Romanians use branded auto repair shops, 28% prefer the prices charged by independent shops, while 27% fix up their car themselves, says a survey by Auto.ro and market research company more

02.27.2012

Dana Cortina, general manager of the local retail division of Porsche Holding, a EUR150-million business, says the rebound of the car market depends firstly on consumers regaining confidence, but that more

02.21.2012

The Romanian Government plans to ban the use of radar detectors, allow driving without a license, but only on certain roads, at specific time intervals and while accompanied by a driving supervisor, more

02.16.2012

New car registrations in Romania soared 86.4%, to 4,937 units in January 2012, which translates into the strongest percentage increase in the European Union, while the EU auto market fell 7.1%. more

02.15.2012

German manufacturer Schaeffler Romania, which owns a ball bearing plant in Brasov, last year posted turnover of around 1.45 billion lei (EUR330 million), 12% higher than in 2010. more

01.17.2012

New car registrations in the European Union were down 1.7% last year, to 13.1 million cars, while the Romanian market declined a sharp 13.6%, to 81,719 cars, and Romanian carmaker Dacia posted a 5% more

01.12.2012

Ion Alexandru Tiriac, son of Romanian billionaire Ion Tiriac, says he wants to expand the activity of Tiriac Holdings to new sectors which are recording significant increases, such as the agriculture. more

12.20.2011

The funds which must be paid back to car tax contributors will be disbursed by fiscal authority ANAF, Romanian Environment Minister Laszlo Borbely said Tuesday, adding there are enough financial more

12.20.2011

The local automotive industry kept the spotlight on the two carmakers operating in Romania, Dacia-Renault and Ford this year. more

12.16.2011

Registrations of new Dacia cars in the EU increased 5.7% on the year in November, but declined 4.6% in January-November, and registrations on the Romanian market declined more than the EU, according more

11.16.2011

New registrations of Romanian carmaker Dacia in the European Union declined 5.7% in January-October, to 202,466 units, and its market share dropped to 1.8%, but picked up again in October, the more

11.01.2011

The new annual authorization taxes paid by car repair shops starting October 1 should not raise repair prices, the Romanian Auto Registry (RAR) said Tuesday. more

10.24.2011

The market of utility vehicles and coaches continued to go up in September, according to the statistics of the companies on this market, thus ending the third consecutive quarter of growth. more

10.19.2011

Car sales posted a small increase in the third quarter for the first time in three years, but the European economic situation is far from encouraging Romanian dealers. Whereas few months ago they more

10.05.2011

Romania's Finance Ministry this week approved providing state aid in the amount of EUR10.5 million for investments carried out by Cord Romania and ContiTech Fluid Automotive. more

09.28.2011

The car market continues to grow in the second half of the year, but companies no longer expect a “last minute” recovery of sales, not even supported by the car scrap scheme. more