 Debts were at a very high level as were the losses.In the early 2003, while ROCAR was in its last days of life they made some repairs and reconditioning to some old buses belonging to the army and some other bigger companies (like Dacia), however no new demands were registered, and losses increased.In late 2003 and early 2004, the company was liquidated and radiated from the registry of commerce, ending 52 years of bus manufacturing in Romania.