New luxury car sales in Romania have doubled in the first 5 months of the year

According to the Romanian Police, a total number of 40 new luxury cars were registered in the first five months of 2010, almost double compared to 22 new registred cars during the same period last year. The report refers to cars priced from EUR 100.000. Almost half of the newly registered cars were FERRARI, with a F430 Scuderia model being the most expensive at over EUR 300.000. The industry executives reckon the increase comes from the easing of leasing and borrowing from financial institutions.