08.13.2013

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 ALB Romania. more

07.15.2013

Romanian new passenger car sales fell 19.4% on the year to 28,968 units in the January-June period, the Automotive Manufacturers and Importers Association, or APIA, said Monday. more

07.12.2013

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 high more

07.10.2013

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 in more

07.08.2013

Belgian company VCST inaugurated Monday a car part plant in Alba Iulia, central Romania, following an investment estimated at about EUR30 million. more

06.19.2013

Oil, car manufacturing and food retail are the industries that supply the biggest number of top-ranking companies in the Romanian economy. The top ten players had sales of EUR20 billion last year, up more

06.17.2013

Romanian new passenger car sales fell 19.8% to 23,245 units in the first five months of 2013 from the year-earlier period, the Automotive Manufacturers and Importers Association, or APIA, said Monday. more

06.13.2013

New car registrations fell 21% in the first five months of the year to almost 20,600 units, according to the data of the Driving License and Vehicle Registration Department (DRPCIV). more

06.06.2013

Production, quality and financial managers in the car part sector earn net income of over EUR2,000 per month, shows data of real estate consultancy Jones Lang LaSalle. more

06.05.2013

The slow development of infrastructure is one of the main reasons why Romania does not get more investments from car part manufacturers, along with the fact that authorities promise infrastructure more

06.04.2013

Investors are still interested in the Romanian car market, while most of them are already present in the local car industry with older projects, Opel Romania general manager Cristian Milea said more

05.31.2013

Car part manufacturer Continental Automotive Romania continues local investment and plans to create 1,000 new jobs. more

05.22.2013

Romania could assemble almost 450,000 cars in 2013, while Italy’s production will go down towards 360,000 cars, according to the trends in the first quarter of 2013, when local production rose 32%. more

05.21.2013

Romanian new passenger car sales fell 11.4% to 18,137 units in the first four months of 2013, from 20,482 units in the year-earlier period, the Automotive Manufacturers and Importers Association, or more

05.17.2013

Romanian automaker Dacia’s new car registrations in the European Union grew by 28.2% in April and by 18.3% in January through April this year, while the EU car market has seen growth for the first more

05.15.2013

Finnish software company Elektrobit has opened its first research and development center in Romania following a EUR0.8 million investment. more

05.13.2013

Car parts maker Compa Sibiu (CMP.RO), controlled by its shareholders, has recently managed to attract Daimler as a client, for whom it makes pinions for Mercedes cars. more

04.23.2013

U.S. carmaker Ford will make 80,000 B-Max cars and 250,000 engines at its Romanian Craiova plant. more

04.22.2013

Romania’s Environmental Fund budget this year includes 400 million lei (EUR92 million) to cover refund claims on car taxes, Finance Minister Daniel Chitoiu said Monday. more

04.22.2013

German group Daimler plans to build an engine part plant in Arad, western Romania, according to Manfred Engelmann, president of the German-Romanian economic association. more

04.18.2013

Romanian new passenger car sales fell 6.96% to 12,869 units in the first quarter, from 13,832 units in the year-earlier period, the Automotive Manufacturers and Importers Association, or APIA, said more

04.18.2013

Car production rose by more than 30% in Romania to almost 108,000 units in the first quarter, carmakers say; this is the second-fastest growth pace in the last six years and the fastest in the last more

04.17.2013

New car registrations in Romania declined 11.3% in the first quarter of the year, to 12,387 units, a stronger decline that the EU market’s decline of 9.8%, to 2.99 million cars. more

04.16.2013

Romania’s car parts market will remain stable this year at around EUR1 billion, according to estimates by the Romanian office of American auto parts supplier Federal Mogul. more

04.10.2013

Price-based strategies promoted by insurance companies in Romania will fail considering that indemnities paid by insurers exceed underwritten premiums, Dan Constantinescu, representative of insurance more