Sales of Eurotrucks Cluj fall 58%

Cluj-based Eurotrucks, an importer of new and second-hand trucks and trailers, expects a 10 million-euro turnover this year, down by over 58% against last year. The Cluj-based company ended the 2008 financial year with 24 million euros in overall sales. “The bulk of last year’s sales were recorded in the first half of the year, before the financial crisis broke, so we managed to end 2008 at a level close to that of the previous year. This year the truck market has been significantly affected by the financial crisis, by the instability of the exchange rate, by fluctuations in fuel costs, so our company’s sales fell by over 60% in the first half of the year against the similar period of last year,” Beatrice Man, controlling manager at Eurotrucks, told ZF. According to representatives of the Cluj company, the decline of the construction market had a negative impact on truck sales. In parallel there was a rise in competition, so suppliers accumulated stocks of vehicles, and the sale process became much more difficult.