The Romanian market has fallen 77% since 2007
 

The Romanianmotorvehiclemarketis one of the marketsthat has experienced the greatestdecline in Europe since the 2008 financialcrisis. This marketdid in fact go from 313 000 sales of new cars in 2007 to 71 000 units in 2012, amounting to a 77% drop in sales over a five-yearperiod.


The economiccontext has gone hand in hand with a massive influx of second-hand vehiclesfromotherEuropean countries which has greatlydestabilised the new vehiclesmarket as a whole, along the samelines as whathappened in Poland in the early 2000s (whenthatmarketexperienced a 50% decline over just a few years).


The Romanianmarketthusfell in 2012 to a levelachieved 11 yearsbefore,cancelling out the spectaculargrowthexperiencedfrom 2003-2007, when the markettripled.


2013-2017 shouldwitness a slow reversal in the trend resulting in a climb to a level of 100 000 sales of new cars in 2017,althoughRomania'svehicleownership rate continues to below (lessthan  200 vehicles per 1 000 head of population). 


 13-11-3

 Data sourceFile #55 - Registrations in the world by makes 

  

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