14.7 C
Bucharest
September 30, 2022
BUSINESS

Automotive market likely to post 7-8 pc decline at year-end



The local automotive market has dropped by 8.1 per cent in the first 11 months down to 73,946 units, with a 7.2 per cent decline being posted in the car segment, down to 62,033 units, show data released on Monday by the Association of Automotive Manufacturers and Importers (APIA).
Between July and November, car sales have been on an upward trend, witnessing a 4.1 per cent average surge. This is actually a Europe-wide negative evolution, as some countries saw significant decreases: France – 6.9 per cent, Italy – 7.7 per cent, Germany – 4.9 per cent. “Sales in Romania continue to be mainly supported by acquisitions made by companies (74 per cent of the total after the first 11 months). As regards November figures, the acquisitions made by companies account for 81 per cent of the total, despite the Rabla car scrappage scheme, which balanced the situation over the last four months (July – October) compared to the first months of the year. Practically, November brought back the imbalance registered in the first months of the year, when the acquisitions made by companies accounted for over 80 per cent,” APIA reports.
The association also informs that sales of cars from the national production saw significant increases over the last five months compared to 2012, with 8.5 per cent plus being posted after 11 months, compared to sales of imported brands that witnessed decline (minus 12.7 per cent). The highest volumes were recorded by Dacia, 20,599 units (33.2 per cent of total), followed by Volkswagen (6,927 units / 11.2 per cent), Skoda (4,956 units / 8 per cent), Renault (3,661 units / 5.9 per cent), Ford (3,367 units / 5.4 per cent) and Opel (2,546 units / 4.1 per cent). As far as models are concerned, Dacia Logan ranked first, followed by Sandero, Duster, Skoda Octavia and Volkswagen Golf, with the last two changing positions compared to the situation after 10 months.

Related posts

Economic growth of 3.5 pc in 2012, unless “turmoil” occurs

Nine O' Clock

NEWS IN BRIEF

Test

Various Brands expands its network with another store, in Focsani Mall

Gabriela Bogdan