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43-percent growth of proposals observed on automobile market in Baku

Business Materials 28 December 2010 17:11 (UTC +04:00)

Azerbaijan, Baku, Dec. 28 / Trend U. Ismayilova /

According to the results of monitoring, carried out in November, the experts of the Property Market Participants public organization, passivity was observed on the automobile market of Baku, the organization said.

"The passivity was observed on the automobile market of Baku due to the sharp rise in the proposals by late 2010," a statement said.

The share of Mercedes-Benz cars, which leads on the car market of Baku already for three years, in November hit 34.9 percent. The share of this car in total volume of cars on the market has increased by 22.7 percent in November.

The share of nine most popular car brands on the market of Baku was 85.6 percent, the remaining 14.4 percent fell to 80 brands of more than 20 autocompanies.

"According to the experts, the preference will be given to the cars produced after 2003," a statement said.

The summary table indicates the proposal on the secondary car market of Baku in November:

Production year

October

November

Changes in %

1990-91

324

774

138,9

1992-93

431

934

116,7

1994-95

820

1313

60,1

1996-97

1434

1885

31,5

1998-99

1628

2202

35,3

2000-2001

1376

1951

41,8

2002-2003

1221

1654

35,5

2004-2005

1076

1401

30,2

2006-2007

981

1223

24,7

2008-2009

781

1085

38,9

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