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

04.08.2013

Porsche Leasing Romania submitted, at the end of March, the only offer within the auction set up by state-run postal company Posta Romana to award a contract estimated at EUR8.23 million, VAT more

03.30.2013

This year’s edition of the state-supported cash-for-clunkers program will start on April 15 and the value of a scrapping voucher will be EUR1,500, Romanian Environment Minister Rovana Plumb said more

03.19.2013

Romanian carmaker Dacia, owned by France’s Renault, new registrations in the European Union in January-February increased 12.1%, to over 40,200 units, on a market that is still on a steep decline more

03.18.2013

Romanian new passenger car sales fell 5.9% on the year to 7,547 units in the first two months, from 8,017 units in the year-earlier period, the Automotive Manufacturers and Importers Association, or more

03.01.2013

The average price of a Mercedes-Benz car sold now is slightly lower than during the boom years of Romania’s economy (2007 and 2008) and the customers are more knowledgeable, said Valeriu Zaharia, more

02.26.2013

Car dealer Porsche Romania’s sales reached 84% of Dacia’s sales at the end of 2012, from 55% at the end of 2009. more

02.19.2013

New car registrations in Romania declined 10.1% in January, to 4,436 units, a sharper downfall than the European Union’s 8.7%, a new record low. more

02.18.2013

Romanian new passenger car sales fell 37.6% to 3,334 units in January, from 5,345 units a month earlier, the Automotive Manufacturers and Importers Association, or APIA, said Monday. more

02.15.2013

As a result of the economic crisis and the dealer discounts, cars in Romania have been among the cheapest in Europe in the last few years, said Brent Valmar vice-president of the Association of more

02.14.2013

The percentage of cars less than two years old has declined significantly in the past six years, from 23% in 2007, the boom year of the local car market, to 3% in 2012, according to data from the Car more

02.13.2013

Romania’s Government will approve a new car tax system though an emergency ordinance Tuesday, Prime Minister Victor Ponta said Wednesday. more

02.08.2013

Romanian insurers which sell mandatory car insurance policies RCA will transfer 1% of gross underwritten premiums on this segment to the fund protecting the victims of road accidents, according to an more

02.04.2013

Vehicle production in Romania increased by almost 1% year-on-year in 2012, according to the statistics of the Association of Automobile Manufacturers and Importers (APIA), to about 337,800 units. more

02.01.2013

Romanian new passenger car sales fell 23.7% to 72,179 units in 2012, from 94,624 units a year earlier, the Automotive Manufacturers and Importers Association, or APIA, said Friday. more

01.30.2013

Radacini Group, one of the largest car dealers in Romania, with annual turnover of over EUR100 million, has kept its turnover steady in the past few years by taking part in auctions and by delivering more

01.29.2013

The environmental stamp duty computational formula complies with the requirements of the European Commission and will help reduce imports of polluting cars, says Brent Valmar, vice-president of the more

01.24.2013

The 11th modification of the car pollution tax and its change into an environmental stamp duty will encourage imports of old, polluting cars, while sales of new cars will continue to decline, players more

01.23.2013

Insurers in Romania will rethink mandatory car insurance (RCA) policy prices so as to make sure that revenues estimated for an interval of 12 months will cover risks, costs and their profit margin, more