Romanians register 4.3% y/y more vehicles in January-September
<p>New car registrations in Romania increased by 4.3% y/y to 115,509 units in January-September 2024, when the country accounted for 1.4% of the total European Union market, according to the data published by the industry association ACAROM.&nbsp;</p>

<p>Out of this, only 7,378 units had full electric engines (0.7% of the EU market), the equivalent of a decrease of 37.3% y/y, and 43,237 units (+32.6% y/y and 1.4% of the EU market) had hybrid engines, <a href="https://www.zf.ro/auto/la-9-luni-din-2024-inmatricularile-de-masini-noi-din-romania-au-22522017?mc_cid=7b9c904fa0&amp;mc_eid=cd1f92f96c" rel="noopener" target="_blank">Ziarul Financiar</a> reported.</p>

<p>The new car registrations in the European Union advanced by only 0.3% y/y to 7,993,829 units. The number of electric cars contracted by 5.9% y/y to 1,047,843 units, while the number of hybrid cars rose by 14% y/y to 2,954,684 units.</p>

<p>The adoption rate of hybrid engines in Romania is thus in line with that of the EU (around 37%), while the full-electric segment is much thinner (6.4% compared to 13.1% of the total).</p>

<p><em>iulian@romania-insider.com</em></p>

<p><em>(Photo source: <a href="https://www.dreamstime.com" rel="noopener" target="_blank">Vlad Ispas/Dreamstime.com</a>)</em></p>