Car sales surge

The car market posted 37% growth in the first five months of the year. According to statistical data released by the Association of Romanian Carmakers and Importers – APIA, sales of new cars reached 64,300 units in the first five months of 2004, accounting for a 37% growth as compared to the similar period of last year. The value is quite close to the increase registered after the first four months and confirms the fact that 2004 has been so far the best year for the car market since the revolution. Should the first four, five-month evolution continue throughout the year, the market would get close to almost 190,000 cars sold, a performance superior to the results logged in 1998, considered the best year after 1989, with 143,000 cars sold. ZF