Last year, Dacia recorded the highest turnover since was acquired by Renault Group – RON 20.77 billion (EUR 4.6 billion), 8.35 percent more than in 2015, due to an advance in exports and demand for the Duster model, according to the results released on Wednesday.
The company’s net profit rose 2 percent last year to RON 457 million and, according to Liviu Bocsaru, CFO Renault Romania, there are two explanations for this evolution.
“First of all, we have a mix of Dacia models that have changed in favor of Duster, an exceptional and highly demanding vehicle. So, due to demand, we had to increase the production for this model.
Secondly, we have had an important production of the car parts required by other factories of the Renault Group, which manufactures the Global Access range. I refer to the SKD auto parts that have doubled their volume, in engines, chassis and spare parts produced on the Mioveni industrial site,” Bocsaru explained.
Dacia’s export accounted for 90 percent of turnover in the context of an increased demand on the markets in Europe, Africa and Asia.
As regards the Romanian market, even if it has risen from 2015, it remains at less than 40-50 percent compared to the pre-crisis years of 2008 and still very low versus its potential, given the motorization rate of Romanian customers.
Moreover, according to the CFO Renault Romania, the local market for new vehicles is today very affected by imported second-hand vehicles which are not fiscally taxed at all.
The new car registrations in Romania registered in the first quarter the second largest increase in the European Union after that in Greece, of 27.5 percent, to 22,276 units, the advance being more than three times higher than that of the EU, of 8.4 percent, while Dacia’s deliveries went up by 9.4 percent at the EU level to 109,060 units, giving the Romanian car brand a share of 2.6 percent.