Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Romania’s new car registrations in November increased by 1.24pc to 13,253 units as compared to the previous year, according to the Association of Romanian Automakers (ACAROM).

 

In the first eleven months of the year (Jan-Nov, 2020), however, the new car registration stood at 110,377 units, down by 25.31pc from 147,789 units in the prior-year period.

 

The COVID-19 pandemic affected the automotive sector across the globe including Romania, especially in April and May. Auto parts manufacturers like Dacia and Ford had halted production in the period, along with all the tire suppliers in Romania and Europe.

 

The market is witnessing a slow recovery, however, overall sales in the year have declined due to the adverse economic and logistical impact on trade and production in the auto sector. 

 

The country’s top car manufacturer Dacia sold 34,557 units in the Jan-Nov period, while Renault’s sales stood at 8,849 units, down by 23.73pc and 27.81pc, respectively, as compared to the same period in 2019.

 

Skoda and Volkswagen’s car sales in the 11-month period stood at 8,628 units and 8,302 units, down by 24.69pc and 21.54pc, respectively.

 

Ford’s sales in the Jan-Nov period stood at 5,936 units, down by 46.75pc as compared to the prior-year period. 

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