The automotive market continues to see price increases. The highest growth was observed in SUV and economy class cars.
The average price of SUVs and crossovers reached 39,100 manats in April. This is 11.1% higher than the base period and 1.8% higher than March.
Economy class car prices rose by 10% compared to December and 1.4% month-on-month.
The Chamber reported that while growth continues, the pace has weakened. Mid-class cars saw a 7.6% increase, while the premium segment rose by 4.1%.
Experts attribute this trend to consumers preferring more affordable and family-oriented vehicles.
