Vehicle registrations in Romania in January 2024 stand at 12,733 units, 8.9% more than in the similar month of 2023, representing approximately 83% of the total, according to a press statement released by the Association of Automobile Manufacturers and Importers (APIA).At the same time, electrified vehicles recorded an increase of 34.3%, getting a market share of 28.2%, while registrations of new vehicles were up 4.9% as against January 2023.On the other hand, light commercial vehicles plus minibuses increased by 22.2%, and heavy vehicles plus bus by 3.6%.After the important development of previous months, January 2024 comes with a 6.4% increase in new vehicle registrations y-o-y and 11.7% on a monthly basis.In the first month of 2024, there is a mixed development of the segments in which cars are classified, as follows: A-Class (+0.8%), B-Class (-36.9%), C-Class (-12.7%), D-Class (+224.8%), E-Class (-4.7%), F-Class (+25.6%), SUV (+25.8%), MPV (+1091.1%) and Sport Class (+76.2%), y-o-y.In terms of market share, the SUV segment is in pole position with a share of 46.6%, up 7.8 percentage points (pp) from 2023, followed by Class C, with a share of 25.7%, up 5.3 pp and Class B with a share of 12.5%, down 8.2 pp compared to the share held in the same period last year.By the type of fuel of the registered vehicles, in the first month of this year, gasoline engines declined by 10.2 pp y-o-y, to 55.8%.As for vehicles equipped with diesel engines, they posted an increase by 4.1 pp y-o-y.On the other hand, full electric vehicles and plug-in hybrids, as well as full hybrids in the first month of 2024 have a market share of 28.2%, which exceeds by 12.1 pp the share of diesel engines.At the same time, full electric vehicles make up 12.8% of the market in January 2024, as against January 2023, when they accounted for 9.6%.In the first month of 2024, it is worth noting the evolution at the top of the ranking, where the top 5 best-selling 100% electric vehicles are Dacia Spring, with 561 units and an increase of 12.9% y-o-y, Tesla Model 3, with 387 units and an increase of 741%, Tesla Model Y, with 176 units and an increase of 351%, Renault Megane, with 49 units, down 14%, and Volkswagen ID3, with 48 units, up 182%.Among the plug-in hybrid electric vehicles, the top 5 models are led by Ford Kuga, with 93 units and a 158% annual increase, followed by Hyundai Tucson, with 57 units and an increase of 78.1%, Toyota RAV4 and KIA Sportage, with 38 units each, and Renault Captur, with 37 units.Among the self-charging hybrid vehicles, Toyota C-HR is first, with 266 units, up 177%, followed by Toyota Corolla, with 206 units and 1.9% increase, then Toyota RAV4, with 144 units.Most brands and models are in positive territory y-o-y.
Dacia, part of the French Renault group, will launch several electric models to compete with Chinese brands for the affordable EV car market in Europe. The first electric model will be the next Sandero, which will appear sometime at the end of 2027, the brand's director, Denis Le Vot, said on Thursday, according to Reuters. […]
Happy 2025, dear Insiders, may it be a good year! And let it start with classics, some universal, some underground. Italian director Federico Fellini is one of the biggest names in the history of the medium. To say he was very influential is an understatement. He has his own adjective (Fellini-esque) while scenes from his […]
Romanian national airline Tarom announced the establishment of a new company, Tarom Tehnic, dedicated to providing maintenance and repair services for civilian aircraft, specializing in Boeing, Airbus, and ATR models. The new company is expected to generate revenues of up to EUR 10 million in its first year of operation, according to estimates from the […]
Romania has been named the special guest country at the 2026 Cairo International Book Fair, the Ministry of Culture announced. The event will coincide with the celebration of 120 years of Romanian-Egyptian diplomatic relations. According to the ministry, the news was shared by Dr. Ahmed Fouad Hano, Egypt's minister of culture, during a press conference […]
Bucharest has started implementing a special recycling project that directly benefits stray animals. In Tineretului, Floreasca, and Circului parks, eco-friendly vending machines have been installed to provide food and water for stray cats in exchange for recycling bottles and aluminum cans. “Street cats lead a hard life, especially in winter. Food is essential for their […]
The National Defense Ministry reported that its monitoring and surveillance systems detected violations of Romanian airspace during a Russian drone attack on Ukraine on Friday morning, January 17. Subsequent searches revealed signs of a “possible drone impact site” on Romanian territory. After the drones were first detected, two F-16 aircraft from the Romanian Air Force […]
