In 2014, Romania recorded the fourth largest growth in terms of new car registrations in European Union, of 21.6 percent, due to a rising market in the region for the first time in seven years on demand for low-cost autos, according to European Automobile Manufacturers’ Association (ACEA) data.
Moreover, Dacia had the most important advance of the brands with high volume sales by 23.9 percent to 359,141 units.
In Romania, new car registrations have advanced in 2014 to 70,172 units compared to 57,710 units in 2013.
All five of Europe’s largest auto markets expanded last year, with increases of 18 percent in Spain, 9.3 percent in the U.K., 4.2 percent in Italy, 2.9 percent in Germany and 0.3 percent in France.
Renault, which owns Romanian car manufacturer, sold 13 percent more cars in Europe in 2014 as the Duster sport-utility vehicle and Sandero hatchback helped Dacia boost registrations 23 percent and a new version of the Captur urban crossover led to 9.1 percent growth at the namesake brand.
The gradual revival from a two-decade low is set to continue in 2015 as buyers replace aging vehicles.