Boston, MA -- (SBWIRE) -- 01/09/2014 -- BMI forecasts a 12.8% decline in vehicle sales in Romania over 2013, on the back of ongoing weakness in both consumer and manufacturing sentiment. Indeed, we forecast a 14.0% fall in passenger car sales over the year as the country's consumer story remains weak, and a 7.4% drop in the commercial vehicle (CV) segment as manufacturing and construction activity continues to remain tepid.
Over the remainder of the 2017 forecast period, we expect to see a steady increase in sales volumes, but believe the market will remain considerably below its 2007 peak within this timeframe.
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