Car manufacturing in Romania

Much of the Romanian manufacturing industry consists of branch plants of EU firms, though there are some important domestic manufacturers, such as Dacia Logan, Daewoo, Roman Braşov, Igero bus, Ford, ARO. [ [http://www.igero.ro/interurban.html El Car ] ] This has raised several concerns for Romanians. Branch plants provide mainly blue collar jobs, with research and executive positions confined to the EU. About half a million cars are produced each year in Romania.

Previously, other manufacturers such as Tractorul Brasov, Aro Campulung and Oltcit Craiova existed.

Ford bought Daewoo Romania company for $ 57 millions to produce Ford automobiles to a car production estimated to be over 300,000 by 2010. [ [http://www.reuters.com/article/tnBasicIndustries-SP/idUSMIC24626420070912 AUTOSHOW-Ford to invest in Romania, no plans for low cost car | Reuters ] ] [ [http://www.reuters.com/article/tnBasicIndustries-SP/idUSL1275919820070912 UPDATE 1-AUTOSHOW-Ford invests in Romania car plant | Reuters ] ] [ [http://www.iht.com/articles/ap/2007/09/12/business/EU-FIN-COM-Ford-buys-Romanian-car-company.php US carmaker Ford buys car plant in southern Romania and pledges investments - International Herald Tribune ] ] 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). [ [http://motoring.reuters.co.uk/reuters/vocmain.jsp?lnk=101&id=2380 Reuters | Latest Financial News / Full News Coverage ] ]

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. [http://english.people.com.cn/90001/90778/6280650.html 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.] Romania lead the regional auto market growth in the first half of 2007, both up 25 percent as against the similar period last year, said the local weekly Capital in its latest issue Wednesday.

Intelligent Driving

Romanian automakers are integrating more telematics products and services into automobiles to make driving more convenient and pleasurable, opening doors for innovative foreign companies.

Environment

A growing emphasis on environmental sustainability is generating opportunities for automotive companies whose technologies help reduce the automobile's impact on the environment.

afety

Consumer demand for increased automotive safety features provides great opportunities for foreign firms as Romanian's automotive manufacturers shift their focus from reducing damage resulting from accidents to preventing the accidents all together.

Added Value

As more electronic and information device parts are Integrated into automobiles, foreign companies in related fields can expect to find growing demand for their business in Romania.

ee also

*Dacia Logan

References