BAKU, Azerbaijan, August 29. Azerbaijan produced 1,866 passenger cars from January through July 2023, which is 656 more year-on-year, Trend reports.
According to the State Statistics Committee, during the mentioned period in the sphere of production of machinery and equipment, cars, trailers and semi-trailers, and other vehicles, 387 million manat ($227 million) worth of products were produced.
Production of cars, trailers, and semi-trailers increased by 38 percent compared to the corresponding period of the previous year; machinery and equipment increased by 20 percent; and production of other vehicles decreased by 17 percent.
Earlier in 2022, Azerbaijan produced machinery and equipment, cars, trailers, and semi-trailers worth 522 million manat ($307 million), which is 21 percent or 92 million manat ($54 million) more over the previous year. Production of other vehicles increased three times in 2022; production of automobiles, trailers, and semi-trailers increased by 68 percent; and production of machinery and equipment increased by 58 percent.