Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. About two-thirds of Romanians will continue to use...

About two-thirds of Romanians will continue to use their personal car as a means of daily transportation

May 17, 2022

44% of Romanians have changed their plans regarding the purchase of a vehicle during the pandemic 55% of them still prefer to pay cash for buying a car.   The personal car remains the most used daily transportation mean for 40% of Romanians, and 63% believe that it is likely to remain the preferred mobility choice over the coming years, according to Deloitte 2022 Global Automotive Consumer Study, conducted in 25 countries around the world,  including Romania.   In this context, Romanian consumers are willing to pay extra for a vehicle equipped with advanced technology, especially to improve safety systems (91%), for alternative engine, electric or battery-powered (89%), or for connectivity devices (87%). However, even if Romanians would pay more for an electric car than for one with an internal combustion engine, 70% of them expect to pay less than 100,000 lei for such a vehicle.   At the same time, seven out of ten Romanian participants are ready to share personal data if it provides benefits related to updates to improve road safety and prevent potential collisions (74%), maintenance updates and vehicle health reporting (71%), traffic congestion and suggested alternate routes (68%), directions for safer routes (66%) and access to nearby parking (66%).   “Equipping cars with digital technologies has become the norm in recent years, and consequently aspects related to data protection have increasingly attracted the attention of consumers, manufacturers and, last but not least, of authorities. The sharing of such data is being regulated at European level so that information is used in a safe and fair manner. Since last year, there has been an ongoing dialogue between the European Automobile Manufacturers Association and the European Commission to ensure, on one hand, that the regulation will not be excessive and, on the other hand, that it will benefit consumers and increase the confidence in their personal data safety,” said Ciprian Gavriliu, Tax Partner, Deloitte Romania.   The pandemic had a high impact on consumer behavior, given that almost half (44%) of the Romanians participating in the study said they changed their plans regarding the purchase of a vehicle. For 16% of them, the change was that they decided to buy a personal car, although they did not previously intend to, in order to avoid public transportation.   As a payment method, Romanians still prefer to pay cash (55%), while only four out of ten plan to loan or lease their next vehicle. They are also reluctant to buy a car online, thus over 80% still want to acquire their next vehicle via an in-person experience. Regarding the criteria for accessing a mobility app, the most important is the price, followed by the ease of use. For the segment of consumers older than 55, ease of use is the first priority, and the price is less important.   The Deloitte 2022 Global Automotive Consumer Study questioned, in the fourth quarter of last year, more than 26,000 consumers in 25 countries, of which over 11,000 from ten European countries – Austria, Belgium, Czech Republic, France, Germany, Italy, Poland, Romania, Spain and the United Kingdom.

Read in full - click here
Designing success: Elena Oancea’s vision for Goldbach Group growth

Elena Oancea is the Co-CEO of Goldbach Group, a Romanian holding comprising 8 companies operating in sectors such as the development of retail parks, property management, civil and industrial construction, real estate development, architecture and urban planning, interior design, renewable energy, consultancy for projects financed by European funds. Driven by a clear vision of strategic innovation […]

Romanian shepherd finds second prehistoric remains after uncovering one last year

Cosmin Florin Dumitrache, a shepherd from Romania’s Prahova County, notified the Prahova County Museum of History and Archaeology after he discovered a skull in the Vârful Scoruș area, at Urlați. The bones turned out to be 5,000 years old years old. A team of specialists from the museum carried out an archaeological intervention to salvage […]

Coalition candidate raises largest amount of money for presidential elections in Romania

Crin Antonescu, the candidate backed by the ruling coalition in Romania, raised RON 20 million (EUR 4 million) for the ongoing presidential campaign, according to data published by the Permanent Electoral Authority on Friday, April 11.  Of the RON 20 million, the Social Democratic Party raised RON 15 million for Antonescu’s campaign, followed by UDMR, […]

Frequenza Festival brings chamber music to life in Bucharest next month

Frequenza Festival will bring a mix of classical and contemporary chamber music to Bucharest next month. Hosted at the Auditorium Hall of the National Museum of Art of Romania between May 22 and 25, the festival will feature four evening concerts performed by a lineup of international musicians. The festival’s artistic directors are the renowned […]

Romania becomes part of EU-backed nuclear energy project with France, Italy

Romania is set to be part of an Important Project of Common European Interest (IPCEI) on nuclear energy announced this week by Stéphane Séjourné, Vice-President of the European Commission responsible for industrial strategy. The project developed by France with Romania and Italy includes small modular reactors, advanced reactors, uranium management, supply, research on nuclear fusion, […]

Romania’s Banca Transilvania Group expands in Moldova with acquisition

Victoriabank, a subsidiary of Romania’s Banca Transilvania Group, has signed an agreement to acquire Microinvest, the leading non-bank microfinance institution in the Republic of Moldova. The deal, announced Thursday in Chișinău, marks the group’s latest expansion into the Moldovan market, following Victoriabank’s recent merger with BCR Chișinău. The transaction is subject to approval by regulatory […]