Romanian motor vehicle market goes down by 7.4 percent in 2011

The Romanian motor vehicle market (motorcars and commercial vehicles) went down by 7.4 percent in 2011 from 119.576 units in 2010 to 110,668 units, Ernest Virgil Popovici, president of the Association of Motorcar Producers and Importers, told a news conference.In 2010 the drop of the market was almost 20 percent and in the past four years there was a drastic contraction of the Romanian market, almost 70 percent.Last year the drop of the motorcar market was 11 percent, from 106,328 ...

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