Automobile industry in Romania will stabilize this year after major decline

摘要

The automobile industry in Romania will stabilize this year after a period of major decline, according to the new report Changing Lanes 2014-15: the automotive C-Suite's agenda, made by EY Global Automotive Center. "Provisions concerning the automobile industry in Romania show an overall stabilization in the automobile market in 2014, in the context of an expected global economic recovery benefitting the local automobile market. The Romanian market has been one of the most affected by the crisis, but following a period of major decline car sales are expected to return to a normal path this year. These growth expectations start from the low 2013 sales and of growing demand after several years of decline and delayed purchase decisions," says AriadnaOslobeanu, Senior Manager, Assurance, EY Romania.