More
    HomeTopicsBusiness & InvestmentsDacia gains momentum despite declining car sales in Europe

    Dacia gains momentum despite declining car sales in Europe

    Published on

    The number of new cars registered in the European Union decreased by 0.4 percent in April 2019 and by 2.6 percent in January-April compared to the corresponding periods last year, to 1.3 million units in April alone and 5.34 million in the first four months in the year.

    In contrast, the registration of new Dacia cars in Europe increased by 13.4 percent year-on-year in January-April to196,000 units. The annual growth rate accelerated to 15 percent in April alone, Romania Insider reads.

    The brand’s market share was 3.7 percent in January-April and 4 percent in April alone, consolidating its position above Seat and close to Hyundai.

    Romania was a dynamic market not only in terms of production but also for the rise in new registration counts: by 22.8 percent to 44,257 in January-April. In April alone, the year-on-year growth rate eased to 13 percent.

    Latest articles

    Dentons advises Kommunalkredit on the 50.6 million euros refinancing of the 60 MW Ruginoasa wind farm

    Global law firm Dentons has advised Kommunalkredit Austria AG on the 50.6 million euros...

    Executive changes at Allianz-Țiriac: Aurel Badea to step down after 33 years

    Allianz-Țiriac has announced upcoming leadership transitions set for late 2026 to ensure long-term organization...

    OMV Petrom acquires a 20 MW battery energy storage system for the Ișalnița solar park

    OMV Petrom and the Romanian company Simtel Team have signed an engineering, procurement and construction (EPC) contract for a...

    The first edition of the BusinessPedia Connect debates is hosted by the NBR Palace on September 15: Who takes Romania forward?

    BusinessPedia brings two generations of entrepreneurs and leaders to the NBR for a debate...

    More like this

    Dentons advises Kommunalkredit on the 50.6 million euros refinancing of the 60 MW Ruginoasa wind farm

    Global law firm Dentons has advised Kommunalkredit Austria AG on the 50.6 million euros...

    Executive changes at Allianz-Țiriac: Aurel Badea to step down after 33 years

    Allianz-Țiriac has announced upcoming leadership transitions set for late 2026 to ensure long-term organization...

    OMV Petrom acquires a 20 MW battery energy storage system for the Ișalnița solar park

    OMV Petrom and the Romanian company Simtel Team have signed an engineering, procurement and construction (EPC) contract for a...