Skip to main content

Although the economic and macroeconomic context is unfavorable to the business environment and the financial markets, in general, there are also areas of activity that manage to register performances that go beyond the borders of the country.

In Romania, such an area is represented by the automotive industry. While this sector has also faced its own challenges, generated in particular by the semiconductor crisis or the rise in energy prices, it is posting remarkable performances overall which place us at the top of the European rankings.

The numbers speak for themselves

According to the latest data from the Association of European Automobile Manufacturers (ACEA), the automotive market in our country records, for the first two months of 2022, the strongest growth in the European Union!

In the first two months of this year, a number of 1,401,960 units were registered, a decrease of -6.4% compared to the similar period of 2021.

New car registrations increased compared to January 2021 in: Germany (+5.6%) and Spain (+4.2), while Italy (-21%) and France (-15.7 %) recorded declines in registrations.

In February 2022, new car registrations in the European Union decreased by -6.7% compared to February 2021, reaching a level of 719,465 units.

The report also shows that Romania ranks 14th in the EU, with a volume of 17,953 new cars registered, registering an increase of +39.2% compared to January-February 2021.

We also have a situation of car manufacturers which have become the most popular, according to the number of registrations. Thus, most new cars registered in total in Europe are represented by the VW group with 399,173 units, down -7.8%, followed by the STELANTIS group with 320,662 units, down -15.1%, HYUNDAY with 160,947 units, up +30.5% and by Groupe Renault with 147,864 units, down -2.4% (including DACIA: 63,294 units, up +16.4% compared to to January-February 2021). Ford cars accounted for 75,976 new units registered in January-February 2022, down -14% from the same period in 2021.