Wednesday, April 14, 2010

Romania March New Car Registrations Up 51% On Month

BUCHAREST -(Dow Jones)- Romanian new car registrations rose 51% to 4,027 vehicles in March, from 2,658 vehicles a month earlier, Interior Ministry data showed Tuesday, news agency Mediafax reports.

However, compared with March 2009, new car registrations were down 50%, the ministry's license and car registration division said.

Overall new auto registrations--including commercial vehicles, trailers and special purpose vehicles--reached 5,405 units in March, up 44% from the previous month.

Dacia, made locally by French Renault's unit Dacia Automobile, was again the best-traded brand on the local new cars market with 836 units in March, up from 534 units registered in February.

In 2009, new car registrations in Romania fell 59% on the year to 116,012 units.

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