17 car brands end 2010 on the rise, signalling market rebound - financiare.ro
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News » January, 2011 » 23 January 2011

17 car brands end 2010 on the rise, signalling market rebound
23.01.2011, 23:49 | Cars | 822 views

Car sales recorded an around 19% decline in 2010, according to statistics of the Automotive Manufacturers and Importers Association (APIA), to nearly 120,000 units, with the rate of decline being almost three times lower than the 2009 one.

However, the volume of sales sends the car market back in time, to the 2003 level. In addition to new car sales, over 240,000 second-hand cars were registered on the Romanian market, with Romanians paying 1.7 billion euros for cars last year, according to ZF estimates.

Read more on ZF.ro

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