Tractor Sales Continue to Fall Sharply In November!
The decline in the Tractor Sales continued in November. According to the figures released by the Turkish Statistical Institute, traffic registration of 3.578 unit tractors included 2017 and 2018 model year, was made in November 2018. Accordingly, the number of registered tractors degreased by %52 compared to the same month of the previous year as high interest rates, fuel prices and upfront insurance costs kept away buyers.
With this value, 44.470 tractors were produced in the first 11 months of 2018. Thus, total decrease was 32.2% compared to the same period of the previous year. In the last month of the year, the domestic market is expected to be completed at the level of 48 thousand units.
Bu içerik 1511 defa okunmuştur.
