Porsche sees 380m-euro turnover

Porsche Romania, the largest importer of cars on the domestic market estimates it will end the year with 380 million euros in turnover, an increase of nearly 20% on the previous year. “We estimate to exceed 30,000 units sold this year,” says Brent Valmar, the general manager of the company, the importer of the German Volkswagen group on the domestic market. The number of cars sold corresponds to a growth of more than 80% on the previous year, much higher than the growth pace for turnover. “The factors that led to this transformation are the price pressure put by the market, the necessity to achieve larger volumes in order to ensure profitability of the significant investments made over the last few years or gaining market share,” Valmar adds. He believes that although the automotive market saw better than expected performance on all segments, the highest growth was seen on new segments like SUVs (all-wheel drive cars destined for use on roads, rather than for off-road use) or MPVs (family cars offering plenty of space). ZF