Romania's auto market records significant drop in 2011

New car registrations in Romania fell in 2011 by 13.6 percent as compared to 2010 and stood at 81,719 units compared to 94,541 units in 2010, according to statistics from the Association of European Automobile Manufacturers (ACEA), published on Tuesday.Among EU member states, Romania has recorded the fourth largest decline in registrations (minus 13.6 percent) to 81,719 units.In December 2011 a number of 7,721 new cars were registered on the Romanian market, down 38.1 percent ...

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