Dacia Car Leasing & Contract Hire Lease Deals

Automobile Dacia S.A. is a Romanian car manufacturer that takes its name from the historic region that constitutes the present-day Romania. The company was founded in 1966, and has been a subsidiary of the French car manufacturer Renault since 1999. It is Romania's top company by revenue and the largest exporter, constituting 8% of the country's total exports in 2018. The first facility in the area was built between 1942 and 1945, as an extension of the IAR aircraft manufacturer. The new factory, built in the Colibași-Pitești area under the order of Marshal Ion Antonescu, was scheduled to produce up to 600 aircraft engines per month. The building work was completed in 1945. After the war, the facility was taken over by the Romanian Railways, later generating the Dacia plants. Dacia's CEO from April 2016 until May 2018 was Yves Caracatzanis, that was replaced by Antoine Doucerain, who left after only four months due to "personal reasons." After a brief stint by interim manager Jerome Olive, the position was filled by Christophe Dridi in December 2018. The Dacia brand is marketed in most of the Western and Eastern European countries, as well as in some Northern African countries, such as Algeria, Tunisia and Morocco. Western European exports began in the late 1970s, entering markets like Belgium and the Netherlands in 1978. Its models have also been produced by Renault in its production sites on other continents (in Russia, Iran, India, South Africa, Colombia and Brazil) and sold under its own brand or other specific local brands (such as Mahindra, Lada or Nissan for example). The 3.5 millionth Dacia car, since the Dacia brand revival ten years before, was sold in the UK in November 2015. In 2015, the company set a new sales record, with a total of 550,920 units marketed and in 2018 Dacia cars sales exceeded 700,000 units (7% more than in the previous year).