Business in Romania blog: Doing business in Romania and business issues

The business in Romania blog writes about the Romanian business landscape, doing business in Romania, investing in Romania business and debating on business issues in Romania. Check this Blog's Policy here.

Sitemap | Feedback | Doing Business in Romania report | Opening a Business in Romania | RSS for this Blog

Monday, January 10, 2005

Romanian automaker Dacia posts sales leap of 38.6 percent

The Romanian automaker Dacia said Thursday that 2004 sales had soared by 38.6 percent from a year earlier, adding that it had delivered or received orders for 40,000 of its Logan model designed for developing markets.

Dacia commercial director Jacques Abot told a news conference a total of 95,296 vehicles had been sold, including more than 15,000 abroad, principally in Turkey, eastern Europe, Africa and the Middle East.

The Romanian car maker has undergone restructuring since being bought by Renault in 1999 and is pinning its hopes on the Logan, sales of which have already exceeded expectations.

Just over half of all orders for the new car were for its higher-end version, which offers a 1.6 liter gasoline (petrol) engine.

In response to a question regarding the car's much-touted 5,000-euro (6,650-dollar) price tag, the commercial director said such a model would be available sometime this year, but only in Romania.

Current versions, including those to be distributed in western Europe starting in September, sell for up to 8,000 euros.

Dacia held 46.5 percent of its domestic market in 2004, mainly through sales of the Logan and Solenza models along with several versions of an older utility vehicle.

Posted by Iulia Rasoiu : 1/10/2005 09:28:00 am