Călin Popescu Tăriceanu has completely given up sale of theCitroën brand, nearly 20 years after bringing the French brand toRomania, which propelled the former Romanian prime minister intothe forefront of the Romanian auto industry.
ATS recorded its best results in 2006, when the company postednearly 55 million euros in turnover and recorded an almost 3million-euro net profit, and sold over 3,500 cars as animporter.
The biggest exits in the auto market in the last few years camefrom Ion Ţiriac, who last year handed over imports of the Fordbrand to the imports division of Ford Romania, a company that holdsthe car plant in Craiova, and at the end of 2009 sold the 49% stakein Mercedes-Benz Romania to Daimler AG. In both cases, however,Ţiriac remained dealer of the two brands through ŢiriacAuto retailchain.
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