The business in Romania blog writes about the Romanian business landscape, doing business in Romania, investing in Romania business and debating on business issues in Romania. Check this Blog's Policy here.
Sitemap | Feedback | Doing Business in Romania report | Opening a Business in Romania | RSS for this Blog
Tuesday, December 21, 2004
Romanian off-road vehicle producer ARO, controlled by U.S.'s Cross Lander, will sell its vehicles in the U.S. as of next year, after American environmental authorities gave the go-ahead for the 244X model, equipped with a Ford engine.
According to a Cross Lander release, the model was approved by the Environmental Protection Agency (EPA). The company plans to increase production in order to develop a stock that will be sold on the U.S. market.
The sale price is expected to be around $20,000.
Cross Lander announced earlier this year that EPA analysis targets the materials that the seats are made of. If the sale is approved, 244X will be the first Romania off-road model launched in the United States.
Cross Lander has already signed distribution partnerships with over 140 car dealers and built a network for connected services, such as spare parts distribution, service, warranties, promotion and personnel training, the release said.
The officials of the U.S. company estimated in January the American market could absorb 8-10,000 ARO vehicles.
Posted by Iulia Rasoiu : 12/21/2004 01:10:00 pm
06/01/2004 - 07/01/2004
Adidas relocates production to Romania and China
Montero group invests 2.4 Mln Euro in real estate
NBR proceeds with interest cuts
BCR buys gold from individuals and companies
BVB - RASDAQ merger postponed for mid 2005
Ispat completes LNM buy and changes name to Mittal
Compulsory annual road use tax
Ispat Sidex Improves Results
There are Enormous Opportunities to Build on the A...
ROMANIA: Half of All Insurance Companies to Disappear
Publications & Media
This website is proud to be designed by Mihai Dragan
I usually listen to THIS kind of music.