Romanian car industry dropped 49% in Jan-May

New-car registrations in Romania dropped 49% in the five-month period into May, while the European market decreased 2% from the same period of 2009, data from the European Automobile Manufacturers’ Association show.In Romania, 26,351 new cars were registered in the period under review, versus 51,653 in year-ago period.Then demand for new cars in Europe rose in Jan-May period, by 2% to 6.11 million units, from 5.97 million units in the same period of last year.Five months into ...

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