Car industry official predicts prices to climb 10% this year

AMMAN — Car prices are expected to increase by 10 percent this year, according to an industry official quoted in Al-Rai newspaper.اضافة اعلان

Jihad Abu Nasser, the representative of the automobile sector at the Jordan Free Zone Investor Commission, said the increases are expected to be applied to all vehicles. He attributed the rise to continuous variations in the vehicle market, which include a decrease in global production, which has driven the demand up.

Currently, car prices are stable in Jordan, he said. But he added that there is a decrease in the quantity of car imports in comparison to the previous year.


Read more Business
Jordan News