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APIA: Romania's new automotive sales up 20.3 pct in Q1
Romania's new automotive sales were 20.3 percent up in Q1 from the same period of 2017, with the figure marking a 10-year high for Q1 sales amounts, the Association of Automotive Manufacturers and Importers (APIA) said in release on Tuesday.
Sales are mainly driven by legal entities that account for 70 percent of total car purchases.
Motor vehicle buys by individuals stood at 8,799 units, by 76 percent higher than the 4,996 units registered in the similar period of the year before. The share of purchases by individuals also increased to 30 percent in 2018 from 21 percent in 2017.
Used car registrations in Q1 2018 stood at 120,655 (most of which untaxed), by 5.8 less than in the same period of 2017.
Sales of new motor vehicles in Q1 2018 amounted to 35,993 units, up 20.3 percent YoY, of which 29,531 passenger vehicles (+26.1 percent) and 6,462 commercial vehicles (-0.6 percent).
Romania's flagship car maker Dacia tops the brand ranking (cars + commercial vehicles) with 9,309 units sold, followed by Volkswagen with 3,680 units and Ford with 3,055 units.
By origins, 28.5 percent of the cars sold on the domestic market were from Romania; 23.1 percent from Germany; 11.9 percent from the Czech Republic; 6.5 percent from Turkey and 6.3 percent from Spain.