Price hikes in best-selling cars cannot keep up with inflation

Business

ISTANBUL The prices of certain best-selling cars in the Turkish market are struggling to keep up with soaring inflation, even declining in real terms. This is happening at a time when vehicle sales are forecast to exceed 1.2 million units, touching a new all-time high this year. The intensifying competition among carmakers, General Safety Rules (GRS2) and the pressure from inventories are the key factors that lead to moderate increases in car prices in 2024 compared to the previous years,

Tag-uri: Inflatie

Price hikes in best-selling cars cannot keep up with inflation https://www.hurriyetdailynews.com/ - 23.12.2024 14:49

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Price hikes in best-selling cars cannot keep up with inflation https://www.hurriyetdailynews.com/ - 23.12.2024 14:49