Dacia
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AI overview
Dacia is a car brand and manufacturer owned by the French company Renault that produces automobiles in Romania. It matters because it provides affordable vehicles to consumers and represents an important part of Romania's automotive industry.
AI-generated from the Wikipedia summary — may contain errors.
Key facts
- Company type
- Subsidiary
- Industry
- Automotive
- Founded
- September 1966 ; 59 years ago ( 1966-09 )
- Headquarters
- Mioveni , Argeș , Romania
- Area served
- Europe (except Armenia, Azerbaijan, Belarus, Georgia, Russia), Algeria, Israel, Lebanon, Morocco, Overseas France and Tunisia
- Key people
- Katrin Adt (CEO Dacia company)
- Products
- Automobiles, commercial vehicles
- Production output
- 309,258 (2024)
- Revenue
- 27,814 million lei , ( € 5,476 million) (2024)
- Operating income
- 839 million lei (2024)
- Net income
- 569 million lei (2024)
- Total assets
Article
S.C. Automobile Dacia S.A., commonly known as Dacia ( Romanian pronunciation: [ˈdatʃi.a] ), is a Romanian car manufacturer that takes its name from the historical region that constitutes present-day Romania. The company was established in 1966. In 1999, after 33 years, the Romanian government sold Dacia to the French car manufacturer Groupe Renault. It is Romania's largest company by revenue and the largest exporter, constituting 8% of the country's total exports in 2018. In 2024, the Dacia marque sold 676,340 passenger and commercial vehicles.
From January 2021 onwards the Dacia company became part of Renault's Dacia-Lada business unit. In May 2022, Renault sold Lada's parent company AvtoVAZ to Russian state-owned institute NAMI.