Growth To Return In 2012, But Still Far From Recovery

BMI forecasts Romanian new vehicle sales to grow a cautious 3.4% year-on-year (y-o-y), to 123,100 units, during 2012. The timid growth comes on the back of four consecutive years of contraction in the market and indicates downward pressures from poor consumer sentiment and an imminent slowdown in Romanian exports as the eurozone enters recession.

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