01.28.2014

Romania’s antitrust watchdog has started an investigation into the local car insurance market. more

01.28.2014

Romanian new passenger car sales fell for the sixth consecutive year in 2013, hurt by growing demand for used vehicles and by a decline in the purchasing power, the Automotive Manufacturers and more

01.21.2014

Registrations of cars with a price tag of over EUR200,000 fell by almost 20% to 19 units in 2013, from a total 23 in 2012, according to the Driving License and Vehicle Registration Department more

01.13.2014

Only 12 of the almost 80 car brands in Romania posted growth in 2013, as the total number of new cars registered fell 13% to 57,700, according to the Driver License and Vehicle Registration Department more

01.08.2014

Romanians bought over 13,000 new cars in 2013 via the government-backed clunkers program offering 23,000 vouchers worth RON6,500 each to people and companies scrapping cars older than ten years. more

01.05.2014

2014 should be the year of the rebound of the car market after 2013 was the year of car production. more

12.27.2013

Customers are now making car purchases based on price, as well as on emissions level, since the new taxes they have to pay depend on how much pollution a particular vehicle generates, says Cristian more

12.16.2013

Romanian new passenger car sales fell 7.2% on the year to 62,033 units in the January-November period, from 66,832 units in the year-earlier months, the Automotive Manufacturers and Importers more

12.13.2013

This year will see the second highest level of used car imports in a decade, 225,000 units, and the average age of the car stock in the country is rising towards 14 years compared with 11 in early more

12.03.2013

For the first time in six years, companies in the automotive business no longer expect a rebound next year, so the 2014 target is flat sales, as all estimates so far turned out to be wrong. more

12.02.2013

Romanian carmaker Dacia’s new car registrations in France rose 8.4% in January-November to 79,865 cars, while the French car market shrank 7.1% to 1.61 million units, according to the French more

11.27.2013

Car production in Romania has been going down for three months now, and only Dacia somewhat rebounded in October, while Ford’s decline is getting worse. Does the target of 400,000 cars manufactured more

11.21.2013

The solution to renew Romania’s car park and lower use car imports is to boost the income of potential buyers, instead of taking further regulatory measures, Stefan Penthin, partner at consulting more

11.21.2013

Premiums underwritten on the segment of mandatory car insurance policies (RCA) rose 16% to 1.756 billion lei (EUR0.3 billion) in the first nine months of 2013, largely due to higher tariffs charged by more

11.21.2013

Romanian new passenger car sales fell 8.3% on the year to 55,400 units in the January-October period, the Automotive Manufacturers and Importers Association, or APIA, said Thursday. more

11.19.2013

New car registrations in Romania fell 17.5% on the year to 5,600 units in October, the sharpest decline in Central and Eastern Europe and in EU, excepting Cyprus, the European Automobile Manufacturers more

11.19.2013

Registrations of used cars imported from Western Europe increased again in October, according to data released by the Driving License and Vehicle Registration Department (DRPCIV). more

11.13.2013

Romanian carmaker Dacia’s SUV, the Duster, was the fourth best-selling car model in Russia in the first ten months of the year, according to data released Wednesday by the Association of European more

10.25.2013

Asirom, a top ten insurer, wants to balance its portfolio by growing less reliant on auto liability policies and emphasizing more profitable segments such as home or life insurance policies,” says more

10.22.2013

More than 107,000 cars older than ten years have been registered in Romania since the beginning of the year. more

10.21.2013

A new record year for Dacia’s plant in Mioveni and Ford’s production in Romania, which will reach 60,000 cars at its plant in Craiova, have increased car production locally by 20% this year, the more

10.18.2013

Last week’s visit by French group Renault head Charlos Ghosn in Romania highlighted again the competitiveness of the plant in Mioveni compared with the plant in Tangiers, Morocco, where Renault more

10.16.2013

Romanian new passenger car sales fell 9.8% on the year to 43,324 units in the January-September period, the Automotive Manufacturers and Importers Association, or APIA, said Wednesday. more

10.15.2013

The auto market, both in Europe and in Romania, will continue its decline in 2013 and in 2014, as car sales are affected by the difficult economic context, said Israel Meir, chief executive officer of more

10.10.2013

Economy cannot develop only by boosting production, which is then exported, but also as a result of domestic demand. As people’s income increases, the local market will grow, too. more