You know the saying: as the rich keep getting richer, the poor keep getting poorer! Somehow, because of the economic slowdown, fewer and fewer people are going to buy even the cheapest cars on sale in Europe, but sales luxury limos and SUVs aren’t so badly affected
Today, Dacia reported that that its sales that it only managed to deliver 18,808 of its affordable motors in November, a 25.7% percent decrease on the same month of last year. To be fair, the overall market has shrunk 10% to 926,000 cars sold in Europe the past month, but Dacia’s market share actually shrank as well, from 2.5% to 2%.
Parent company Renault Group saw demand for its goods drop even more, as only 80,910 diamond-badged cars were sold, a massive 27.7% decline.
For the first 11 months of 2012, Dacia has delivered 214,991 cars for a decline of 5.6% percent, keeping ahead of the EU market decline of 7.6%.
However, much more is to be expected of the numerous all-new Romanian branded cars that should have brought in lots more customers with their attractive base prices.
Parent company Renault Group saw demand for its goods drop even more, as only 80,910 diamond-badged cars were sold, a massive 27.7% decline.
For the first 11 months of 2012, Dacia has delivered 214,991 cars for a decline of 5.6% percent, keeping ahead of the EU market decline of 7.6%.
However, much more is to be expected of the numerous all-new Romanian branded cars that should have brought in lots more customers with their attractive base prices.