Automotive industry in Romania

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Much of the Romanian manufacturing industry consists of branch plants of foreign firms, though there are some important domestic manufacturers, such as Automobile Dacia, Roman Braşov and Igero.[1] Branch plants provide mainly blue collar jobs, with research and executive positions confined abroad. In 2008, some 245,308[2] automobiles were produced in Romania, up from 78,146[3] in 2000.

During the Communist period, Romania was one of the largest automobile producers in Central and Eastern Europe, however the industry declined after the 1989 revolution. Previously, other domestic manufacturers such as Tractorul Braşov, ARO and Oltcit existed, however they eventually went bankrupt due to botched privatization in the 1990s. Since 1990, several foreign companies, including Mercedes, Audi, Hyundai, Volvo, Toyota and Peugeot, expressed interest in opening branch plants in Romania, but corruption, uncooperative governments and the mineriads prevented them from doing so. As a result, the Romanian car manufacturing industry currently lags behind neighboring countries such as Hungary or Ukraine.[4]

Ford bought the Automobile Craiova plant for $ 57 million to produce Ford automobiles at a rate of over 300,000 units a year by 2010.[5][6][7] Ford will invest €675 million (US$923 million) in the former Daewoo car factory. Ford also said it would buy supplies from the Romanian market worth €1 billion (US$1.39 billion).[8]

Dacia Logan was the top-selling new car in Central and Eastern Europe in the first half of 2007 with 52,750 units sold, ahead of Skoda Fabia (41,227 units), Skoda Octavia (33,483 units),Opel Astra (16,442 units) and Ford Focus (14,909 units).[9]

See also

References

  1. ^ "El Car". Igero.ro. http://www.igero.ro/interurban.html. Retrieved 2011-04-03. 
  2. ^ "OICA correspondents survey" (PDF). http://oica.net/wp-content/uploads/all-vehicles.pdf. Retrieved 2011-04-03. 
  3. ^ "OICA 2000 statistic" (PDF). http://oica.net/wp-content/uploads/worldprod_country.PDF. Retrieved 2011-04-03. 
  4. ^ "Izgonitorii marilor producatori auto". 9am.ro. http://www.9am.ro/stiri-revista-presei/Business/20742/Izgonitorii-marilor-producatori-auto.html. Retrieved 2011-04-03. 
  5. ^ "AUTOSHOW-Ford to invest in Romania, no plans for low cost car". Reuters. http://www.reuters.com/article/tnBasicIndustries-SP/idUSMIC24626420070912. Retrieved 2011-04-03. 
  6. ^ "UPDATE 1-AUTOSHOW-Ford invests in Romania car plant". Reuters. http://www.reuters.com/article/tnBasicIndustries-SP/idUSL1275919820070912. Retrieved 2011-04-03. 
  7. ^ "US carmaker Ford buys car plant in southern Romania and pledges investments". International Herald Tribune. 2009-03-29. http://www.iht.com/articles/ap/2007/09/12/business/EU-FIN-COM-Ford-buys-Romanian-car-company.php. Retrieved 2011-04-03. 
  8. ^ "Reuters | Latest Financial News / Full News Coverage". Motoring.reuters.co.uk. 2007-09-10. http://motoring.reuters.co.uk/reuters/vocmain.jsp?lnk=101&id=2380. Retrieved 2011-04-03. 
  9. ^ english@peopledaily.com.cn (2007-10-11). "The Dacia Logan was the top-selling new car in Central and Eastern Europe in the first half of 2007 with 52,750 units sold, ahead of Skoda Fabia (41,227 units), Skoda Octavia (33,483 units), Opel Astra (16,442 units) and Ford Focus (14,909 units), shows a market survey of JATO Dynamics, the leading supplier of automotive market intelligence". English.people.com.cn. http://english.people.com.cn/90001/90778/6280650.html. Retrieved 2011-04-03. 
Automobile brands and manufacturers of Romania

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