08 September 2010
IBG on Georgian Market
IBG sales on automobile market shows growth of 64% in the year 2008 compared to previous year (from 791 to 1300 units). Approximately two third of total sales consists of corporate segment.
Year 2008 can be divided into two parts in terms of automotive business. In first half of the year 2008 the demand on new automobiles was rising. At the same time, the new car brands where entering the Georgian market so rivalry was high. After august occurrence the situation has changed.
Year 2008 can be divided into two parts in terms of automotive business. In first half of the year 2008 the demand on new automobiles was rising. At the same time, the new car brands where entering the Georgian market so rivalry was high. After august occurrence the situation has changed.
IBG percentage share entirely on new automobiles market is approximately between 15% and 20%.
