Dacia and Daewoo lose significant market shares

Carmakers Dacia and Daewoo have lost the highest volumes in terms of market share this year, shows data from the Automotive Manufacturers and Importers Association. Sales of new cars went up 23% in the January-October period, compared with the same time in 2006, to 258,224 units. Ten months into the year, Dacia sales accounted for 30.2% of overall sales, down 8.3% against the corresponding period in 2006, when the Pitesti-based producer controlled 38.5% of the market. In total, Dacia sold 77,991 cars on the domestic market, down 3.5% against the same time last year. Even after this setback, the company controlled by the Renault group remains the undisputed market leader, whilst other brands account for less than 10% segments. Daewoo also witnessed a significant decline after its market share dropped from 9.4% to 5.6% as a result of a 27.5% decline in sales, to 14,349 units, whilst the company fell from the second to sixth in the sales ranking.