Romania posts fastest increase of new car registrations in the EU in H1 2018, to over 60,000 units

The new passenger car registrations in Romania rose by 33.5 percent year-on-year in the first half of this year, to 60,068 units, according to data published on Tuesday by the European auto industry association ACEA.

Romania posted the fastest growth rate among the 28 EU member states in the first half of 2018, followed by Hungary (+29 percent) and Lithuania (+24.6 percent), but remains a small market for car manufacturers – the 18th out of 28 EU member states, ACEA data show.

Romania ranks 7^th in the EU by total population.

In the first half of 2018, Romania was a smaller market for carmakers than Hungary (70,733 new car registrations) and Greece (62,312) and was half the size of the Czech Republic (143,784) or Portugal (134,506), countries which have about half the population of Romania.

In June, new car registrations in Romania rose by 52.4 percent year-on-year to 12,241 units, according to ACEA.

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Overall, 8.4 million new cars were registered in the European Union during the first half of 2018.