ACEA: Auto market in Romania goes up almost 70pct in August, highest advance in Europe

ACEA: Auto market in Romania goes up almost 70pct in August, highest advance in Europe

New Dacia car registrations in Europe recorded a 39 percent advance in August 2016 compared with August 2015, being the highest growth registered by an automobile manufacturer, reveal the data the European Automobile Manufacturers Association (ACEA) released on Thursday.

Moreover, ACEA informs that the auto market in Romania increased 68.6 percent in August, having registered the highest percentage growth in Europe, with 12,411 new cars registered compared to 7,362 units in August last year. In comparison, the EU car market last month registered a 10 percent advance and that in Europe a 9.5 percent advance.

A number of 27,855 Dacia cars were registered last month in Europe (the European Union plus the European Free Trade Association — EFTA countries), increasing 39 percent from the 20,046 units in August 2015, leading to a 3.3 percent market share for Dacia. Moreover, in the first eight months of this year, as many as 289,073 Dacia cars were registered on the market in Europe, 11.1 percent more than in the similar period of last year.

On a general level, new car registrations in Europe increased 9.5 percent y-o-y in August 2016, due to some two digit advance registered on the markets in Italy and Spain, as well as to the solid low-cost vehicle sales. As many as 855,466 cars were registered last month in the EU and in the EFTA countries (Island, Liechtenstein, Norway and Switzerland), compared to 781,575 cars registered in August 2015.

ACEA underscores that the performances of August are impressive considering that August is normally one of the weakest months of the year because of the summer holidays. Moreover, the positive results in August come after a 1.4 percent drop in July, when an uninterrupted row of 34 consecutive months of car sale growth ended.

All European auto markets registered growth in August, with Italy topping the charts, where registrations increased by 20.1 percent, followed by Spain (14.6pct), Germany (8.3pct), France (6.7pct), and the UK (3.3pct). In the first 8 months of the year, the European auto market registered a 7.8 percent advance, with 10.11 million new cars registered in the EU and EFTA countries. More…