Car and motorcycle sales in Romania go up in April
The turnover in the trade with motor vehicles and motorcycles increased by 5.6% in Romania in April compared to April 2016.
The growth pace slowed down compared to March, according to the National Statistics Institute.
Lifting the environment fee for used cars starting February 1 gave car sales a boost. This has led to a massive increase in registrations. In March, car trade recorded an annual advance of 21.1%.
The maintenance and repair activities for motor vehicles saw an increase of 16% in April. The trade with motorcycles, spare parts and related accessories also went up by 13.5% year-on-year.
Car trade rose by 4.7% in April over the same month last year. The turnover in the trade with motor vehicles and motorcycles slowed down by 12.9% as gross series in April compared to the previous month.
In 2016, the turnover in the trade with motor vehicles and motorcycles rose by 18% over the previous year. The retail business was fueled last year by the significant wage growth, a trend that continues in 2017.
New vehicle registrations go up 25% in Romania in May
editor@romania-insider.com