New vehicle registrations in Romania fell by 23% in August 2024, year-on-year, while the green vehicle segment declining 16%, of which full electric vehicles by 69%, according to statistics published on Thursday by the Association of Romania's Motor Vehicle Manufacturers and Importers (APIA).August 2024 witnessed a 24.5% decrease in new vehicle registrations, year-on-year, and a 27.2% decline on a monthly basisIn terms of market share, the SUV segment was in poll position, with 52.3% of the total (down 10% year-on-year), followed by the C-Class - with a share of 28.7% (-24.2%) and the B-Class - 11.6% share (-36.3%).By type of fuel, gasoline engines plus mild hybrids decreased by 21.9% to a 63.7% share.For cars equipped with diesel engines, plus mild hybrids, the decrease was 44.9% and the market share was 7.8%.On the other hand, full electric vehicles and plug-in hybrid electric vehicles, as well as full hybrids had a market share of 28.5% in the eighth month of 2024, which exceeds by 20.7 percentage points the share held by diesel engines, with the latter also including mild hybrid diesel engines.The top three best-selling full electric vehicles were the Tesla Model 3 - with 168 units and an increase of 33%, in August 2024 as against August 2023, the Tesla Model Y (47 units, -87%) and the Hyundai Kona (32 units).In the category of plug-in electric vehicles, the ranking was topped by the Hyundai Tucson - with 111 units and an increase of 236%, followed by the Toyota RAV4 (46 units, - 15%) and the Volkswagen Golf (29 units).At the same time, as far as the ranking of hybrid vehicles without recharging from external sources is concerned, theToyota Corolla was in first place in the August 2024 rankings, with 308 units (+35.7% as against August 2023), then the Honda CR-V (164 units) and the Toyota RAV4 (149 units, +14.6%).Official statistics reveal that light commercial vehicles and minibuses registered in August 2024 were down 20.7% year-on-year, of which light commercial vehicles without minibuses recorded a decrease of 18.5%. Over the entire period of the year, compared to the same period last year, registrations of light commercial vehicles increased by 30.9%.APIA is a not-for-profit organisation, a representative entity in the Romanian automotive industry established in 1994, and a member of the International Organisation of Motor Vehicle Manufacturers (OICA), since 1996.
Romania will join the Schengen Area with its land borders starting January 1, 2025, according to Romanian prime minister and Social Democrat (PSD) leader Marcel Ciolacu, who was on a visit to Brussels on Monday, November 18. The Romanian PM said during an interview that the decision regarding Romania’s accession with land borders will be […]
Exorigo-Upos, the Polish company that provides IT technology solutions for the retail sector, is preparing to take its presence in Romania to the next level by establishing an innovation hub in Bucharest. The new center will focus on developing and testing cutting-edge technologies tailored to the Romanian market, in line with the company’s long-term strategic […]
Eva and Victor, ages 16 and 17, respectively, will advocate for climate action as members of Romania's delegation at the United Nations Conference on Climate Change – COP29, held in November 2024 in Baku, Azerbaijan. The two teenagers also have clear roles in the conference. Victor, for example, will co-moderate the Climate Youth Forum, where […]
Natural gas producer Romgaz (SNG), a company in which the majority stakeholder is the Romanian state, listed on Tuesday, November 19, its first corporate bonds amounting to EUR 500 million on the Bucharest Stock Exchange. The bonds, also listed on the Luxembourg Stock Exchange since the beginning of October 2024, are part of a tranche […]
The Bucharest Court of Appeal ruled on Tuesday, November 19, to return the case involving Andrew and Tristan Tate to prosecutors at DIICOT, citing several irregularities. The judges also decided to remove several pieces of evidence and statements from the file, according to
Program empowers women in Romania to step into management or advisory board roles Offering actionable advice for women in businesses seeking strong governance Supporting EU gender diversity targets with inclusive leadership programs The European Bank for Reconstruction and Development (EBRD) celebrates Women’s Entrepreneurship Day on 19 November 2024 by highlighting the EBRD Women on Boards […]
