Romania’s automobile production and sales up in January-August
<p>The two Romanian automobile producers, in their early stage of adopting electrification and thus less exposed to the twist in buyers’ options, announced their aggregated output rose by 8.7% y/y to 356,475 units in January-August, according to the industry association ACAROM, quoted by <a href="https://economedia.ro/productia-de-automobile-din-romania-a-crescut-cu-87-in-primele-opt-luni-ale-anului-fata-de-aceeasi-perioada-din-2023.html?mc_cid=76a4f83eb9&amp;mc_eid=cd1f92f96c" rel="noopener" target="_blank">Economedia.ro</a>.</p>

<p>The Ford Otosan factory in Craiova marked a significant 26% y/y advance to 155,383 units but lagged behind Dacia (-2% y/y to 201,090 units).</p>

<p>Notably, Ford Otosan produced over 32,800 cars in July and August, up 24% compared to the same period in 2023, surpassing the Dacia plant in Mioveni for the first time in history.</p>

<p>On the demand side, Romania’s automobile market rose by 8% y/y, with 106,534 new units registered for the first time in the country (new cars and imported used cars). The growth rate was only 1.4% (to 7.18 million) for the entire European Union, where the motorization rate is already higher compared to Romania.</p>

<p>The number of fully electric newly registered cars dropped by 29% y/y to 6,877 units, but the number of hybrid electric newly registered cars surged by 39% y/y to 39,388 units. The count of fully electric vehicles in the EU also dropped by 8.3% y/y to 0.9 million in January-August.</p>

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

<p><em>(Photo source: LinkedIn/Ford Otosan Romania)</em></p>