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Romanian auto industry to exceed €8.5 billion in 2008

Publicat la 08.09.2008, 21:00:00

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Romanian auto industry to exceed €8.5 billion in 2008

The Romanian auto industry turnover will exceed €10 billion in 2010, due to U.S. carmaker Ford’s entry on the market.

More 161,000 vehicles were produced in Romania in the first seven months of 2008, 12.2 percent higher year-on-year, of which 151,000 were cars.

Renault is to invest some €300 million in Automobile Dacia by 2009, to increase production capacity from 350,000 cars per year to 400,000 cars annually. Ford also plans to launch production in Romania next year.

 

 

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