Ford exceeds estimates

Romcar, Ford general representative on the Romanian market, sold more than 2,200 autos in 2002, up 70% since 2001, exceeding all expectations. Initial forecasts pointed to a 40% increase last year. The company posted turnover worth more than 28 million euros and aims to grow 40% in 2003, both in terms of sold cars and turnover. “At the beginning of 2002, we thought we were going to sell 1,500 cars. After the first six months, given the very good evolution of sales, we revised estimates to 1,800 Ford autos. However, 2002 sales were eventually 40% higher than initial forecasts, which pushed our turnover up to 28 million euros,” said Viorel Nicuescu, Romcar general manager. ZF