Car dealers announce first quarter on the rise, after 9% increase in November

Car sales registered the third rise in a row in November, which, in market players' opinion, would drive the entire fourth quarter "in the black" from the same period of last year.

Thus, the fourth quarter of 2010 would be the first quarter in the past two years and a half to witness growth, in a time interval when the car market has dropped by almost 75%, being one of the hardest hit.
"We'll definitely see the car market expand in the fourth quarter of this year as a direct result of the prolonged validity of vouchers part of the "Rabla" (car scrappage i.e.) scheme. Under the circumstances, the increase of recent months will be repeated in December and January. These increases are likely to be followed by a slight sales decline until May," said Constantin Stroe, vice-president with Automobile Dacia and president of the Association of Romania's Carmakers (ACAROM).
Car sales in November advanced by over 9% from a year ago, to almost 10,700 cars, according to market players.