BUSINESS

Romanian auto market’s drop, steeper than the EU one

According to the European Automobile Manufacturers’ Association (ACEA), the Romanian auto market dropped 17 per cent in the first four months of the year, in contrast to a 2.7 per cent drop at EU level, Mediafax informs. The ACEA data corresponds to the Romanian Driving Licenses and Car Registration Office data. According to the aforementioned office, new car sales reported a drop of 17 per cent to 14,678 units in the first four months of this year. In April the indicator dropped to 4,999 units on the Romanian market, representing a 43.7 per cent drop compared to the same period last year.

At EU level the number of new car sales dropped by 2.7 per cent in the first four months compared to the same period last year, to 4.674 million units. In April the European market dropped by 4.1 per cent to 1.089 million units.  In the first four months of the year the new car sales of Dacia, the Romanian auto manufacturer that is a part of France’s Renault Group, dropped by 1.2 per cent in the EU to 84,070 units. However, in April Dacia’s new car sales reported a 2.1 per cent growth to 20,294 units in the EU. The German auto market grew by 10.7 per cent in the first four months, the French market grew by 4 per cent, while the Italian market dropped by 19 per cent.

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