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Romanian Car Mkr Dacia Resumes Prod For 3 Days, Halts Ops Until Jan ’09 – Sources

Romanian car maker Dacia, the local unit of French Renault, will resume production on December 8, only for three days, and will halt operations as of December 11 until January 2009, citing lower demand on the local and export markets, sources close to the matter told MEDIAFAX Friday.
Romanian Car Mkr Dacia Resumes Prod For 3 Days, Halts Ops Until Jan ’09 - Sources
05 dec. 2008, 17:52, English

Dacia halted operations on November 20 and will resume activity on December 7 after it previously halted production on October 30 and 31 and November 13 and 14.
 
Moreover, the company’s management will decide next week if it extends 600 labor contracts concluded for an unlimited period, which expire end-December.
 
Dacia sales on the local market lowered 52.3% in November to 4,698 units from 9.850 units, which translates into a record decline for the company.
 
The company’s sales lowered 13.5% in the first eleven months of the year, to 81,097 units, compared with 93,762 units in the same period a year ago, Dacia said.
 
Dacia officials said the widening of the financial and economic crisis triggered an important decrease in auto markets, including the Romanian one.
 
The Romanian Government decided Thursday to increase up to three times the pollution tax for cars on purchases of imported used cars. Also, the government decided to increase the bonus for the scrapping of used cars.