Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Cars: Trade in motorcycles and motor vehicles registers...

Cars: Trade in motorcycles and motor vehicles registers 2.2pct gross turnover increase in August

November 20, 2024

Trade in motorcycles and motor vehicles contributed to a 2.2% increase in the turnover volume of wholesale and retail trade, maintenance and repair of motor vehicles and motorcycles, as gross series, in the first eight months of this year compared to the same period in 2023, according to data the National Institute of Statistics (INS) released on Friday.The official data reveal that, in the period January 1 - August 31, 2024, as gross series, increases in business were reported in: trade in motorcycles, related parts and accessories; maintenance and repair of motorcycles (+18.8%), trade in motor vehicle parts and accessories (+7.8%) and trade in motor vehicles (+2.7%). On the other hand, activities in the maintenance and repair of motor vehicles decreased 15.4%.In the same period, the volume of turnover in wholesale and retail trade, maintenance and repair of motor vehicles and motorcycles, as series adjusted for the number of working days and seasonality, increased 2.2%.According to the source, in August this year compared to August 2023, the turnover in wholesale and retail trade, maintenance and repair of motor vehicles and motorcycles, as a gross series, increased 0.1%, due to the results of trade in motorcycles, related parts and accessories; maintenance and repair of motorcycles (+21.9%), trade of parts and accessories for motor vehicles (+1.7%) and trade of motor vehicles (+1.4%). In contrast, maintenance and repair of motor vehicles decreased 13.7%.On an adjusted basis, during the same comparison period, total turnover in wholesale and retail trade, maintenance and repair of motor vehicles and motorcycles increased 2.7%.On a month-on-month basis (August vs July 2024), turnover in trade in motor vehicles fell 11.5% on gross series, but was on an upward trend (+0.3%) on adjusted series.

Read in full - click here
From childhood’s playground to business ecosystem: Maidan ended 2024 with 30% growth and EUR 500,000 in investments

Maidan, a company active in event catering, industrial catering and the development of its own gastronomic products, ended the year 2024 with a turnover of EUR 3.2 million, up 30% compared to the previous year. This evolution comes in the context of an unstable economic environment, but also of significant internal transformations. Investments for the […]

Danish Eurowind Energy invests EUR 174.8 mln to develop its largest solar park in Romania

Danish renewable energy developer Eurowind Energy has announced a EUR 174.8 million investment to develop its largest solar park in Romania, located in Vișina, Dâmbovița county. The new solar facility will have an installed capacity of 220 MW, making it one of the largest solar projects in the country. The facility is expected to generate around […]

Wizz Air increases flight frequencies from Bucharest and Iași starting July

Wizz Air has announced an increase in flight frequencies on 14 popular European routes from Bucharest Henri Coandă International Airport starting in July. The additional flights will serve destinations including Malaga, Alghero, Billund, Bari, Basel, Memmingen, Heraklion, Larnaca, Lyon, Madrid, Malta, Milan Malpensa, Nice, and Nuremberg.  Fares start from RON 79, available through the airline’s […]

Romanian Blouse to be celebrated during Romanian Weekend at The Wharf in Washington DC

The Universal Day of the Romanian Blouse is set to be celebrated this year also on July 12, as part of the Romanian Weekend at The Wharf, the most significant Romanian cultural diplomacy event in the United States. The event will take place at District Pier, 101 District Square SW, Washington, DC. The Universal Day […]

Orange Code warning issued for Bucharest, several counties as heatwave hits Romania

Romania's National Meteorological Administration (ANM) has issued an Orange Code warning for extreme heat and heightened thermal discomfort, affecting 12 counties and the capital city, Bucharest. The alert will be in effect from Thursday morning, June 26, until Friday morning, at 10:00 AM. The Orange Code covers Banat, Oltenia, and the southern half of Muntenia, […]

Workers prepare for strike at Romanian passenger railway carrier CFR Călători

Trade unions at Romanian passenger railway company CFR Călători will start the procedures leading up to the strike on July 1 if the new Collective Labor Agreement is not signed at the company level, announced the president of the Federation of Railway Transporters' Unions in Romania, Rodrigo Maxim,