Renault

PM Dancila tells Renault officials new investment projects signal trust in Romania's economy

Renault's new investment projects are "an important signal of confidence in the Romanian economy," Prime Minister Viorica Dancila told the opening on Friday of new Renault offices in Bucharest. "I welcome the new investment projects of your company. They are an important signal of confidence in the Romanian economy," she said. Dancila mentioned the development of the automotive industry.

New car market, up 25pct in Q1 in Romania, 52,000 average in used car transactions (analysis)

Used car transactions in Romania (re-registrations) had the best first quarter of the last 10 years, with an average of nearly 52,000 cars sold monthly, while the market for new cars increased by 25 percent in the first quarter as compared to the same period in 2018, reveals a specialized analysis drawn up by the representatives of an online car sales platform.

Romania's new automotive sales up 6.3 pct in Q1

Romania's new automotive sales were up 6.3 pct in Q1 2019 compared to the same period last year, standing at 38,253 units, the Association of Automotive Manufacturers and Importers (APIA) said in release on Tuesday. The market analysis shows that domestic sales are further mainly supported by legal entities that account for 72 pct of the total car purchases in the first three months of 2019.

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