How long it will take Ford to hit a 1bn-euro turnover

Ford Romania, the second largest carmaker on the Romanian market, will exceed the 1 billion-euro mark in 2011, after the B-segment model starts to be manufactured in 2010 and the D-segment commercial vehicle in 2011. Dacia’s turnover stands at 2.8 billion euros almost ten years after the Renault Group took over the Mioveni plant. The Romanian manufacturer first exceeded the 1 billion-euro mark in 2005, the first full-year of production for the Logan model, launched in the autumn of 2004. In 2005, Automobile Dacia’s turnover rose to 1.2 billion euros, double as much as in the previous year. The company’s sales went up to over 164,000 automobiles, of which almost 135,000 units were accounted for by the Logan model. In 2012, according to previous statements from Ford Europe, production of the Craiova-based plant would climb to 300,000 vehicles and 300,000 engines, which would generate over 4 billion euros in revenues.