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Global Automobile Market Crisis Slightly Affects Georgia

Published: June 12, 2013 | 12:08 pm
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2013 will be the toughest year for auto industry globally. This year auto sales have decreased by 5%. Georgian auto dealers told TV 3 that the global automobile market crisis affects Georgia slightly. According to the representative of Iberia Business Group, when production sales reach record high, followed fall is inevitable. The company representative says that in Georgia the issue has already been settled.
General Director of Hyundai auto has different view around the subject. David Giorgobiani says that the problem has been concerning Georgia since 2007. In his words, Georgia is a small market and global issues cannot affect it.
FYI, the conclusion regarding the automobile market crisis was delivered by auto experts at Duisburg University.

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