Prices in car market observe a rise of about 5%

12:25 - 24.11.2023

November 24, Fineko/ Azerbaijan observed change of prices in the domestic automotive market last month.

ABC.AZ was informed at the Center for Economic & Social Development (CESD) that prices for cars up to 30,000 manats grew by 4.7% in October.

Despite the decline in demand for more expensive cars using AI-95 gasoline, prices for these cars increased by 1.2% during the month.

Over Jan-Sept 2023, Azerbaijan imported a total of 72,883 cars. Compared with the 2022 same term, the number of cars imported into the country increased by 17,684 vehicles (by 32%).

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