BUSINESS ENVIRONMENT

Green vehicles get in gear: Sales have grown by 113.6 pc during the first quarter of this year in Romania

The number of hybrid and electric vehicles sold in Romania registered a year-on-year growth of 113.6 percent in the first quarter of 2016, to 126 units, according to the statistics offered by the Association of Auto Vehicle Manufacturers and Importers (APIA).

According to official data, in January-March this year the sales of green vehicles represented 0.6 percent of new car sales registered at national level.

52 green vehicles were sold in March alone, up by 48.5 percent month-on-month (35 units sold in February).

The data shows that 126 hybrid/fully-electric vehicles were sold in the first three months of the year, up by 113.6 percent compared to the same period in 2015, back when 59 units were sold.

The best-selling green vehicle brand was Toyota (90 units, +181.3 percent year-on-year), followed by Lexus (18 units, +20 percent) and Land Rover (6 units, +14.3 percent).

APIA data shows that the number of electric and hybrid vehicles sold in Romania in 2015 stood at 495 units, more than twice (110 percent) the number of vehicles sold in 2014 (236 units).

At general level, the total number of new car sales (passenger cars + commercial vehicles) registered an overall year-on-year growth of 17.3 percent in the first three months this year. Passenger cars alone registered a growth of 11.4 percent.

On the other hand, the national production of auto vehicles dropped by 4.1 percent year-on-year in the first quarter of 2016, to 101,866 units.

In Romania, the sales registered in March and in the first quarter as a whole were, just like in previous years, propped up by purchases made by juridical persons, these purchases’ share in total sales standing at 89 percent in Q1 (compared to the 11 percent share held by purchases made by physical persons). In the case of passenger vehicles, that share stood at 86 percent (compared to 14 percent for physical persons).

Ordered by the type of fuel used, diesel vehicles continue to dominate the market with a share of 55.8 percent, which is nevertheless smaller than the one registered in the same period last year (61.2 percent). Market data show that diesel engine units surpass this average level (55.8 per cent) in the case of 7 of the top 10 brands and models.

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