|  29.09.2016

Paul Badea, CEO BADSI: The effects of economic growth recorded by Romania in the first 2 quarters are impacting the auto market

With over 600 units sold in the first 2 quarters and a sales growth estimated at approx. 40% by the end of the year, Paul Badea talks about a growth of the auto market in 2016 of around 10%, the trends for 2017 and the investments planned for the development and the increase of company's productivity.

"At the end of July we had the surprise of the largest quarterly growth of GDP since 2008 and an economic growth in the second quarter over three times higher than that of the EU.

Following the same direction, the market of new passenger cars has the possibility to increase by more than 10% in 2016, compared to 2015.


The Romanians’ need for mobility is rising and this is seen in the purchase of cars, even though this is influenced primarily by an increased risk appetite from financiers.


The need for mobility of the Romanians is up, it can be seen in the purchase of cars, even if it is influenced primarily by the appetite of the increased risk of the financiers’, stated Paul Badea, CEO BADSI.


For more information, please see the Romanian version of the article, here.


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