Make it your homepage |   E-mail: Subscribe Unsubscribe

NYSE Technologies and the Warsaw Stock Exchange announce market data partnership


Thursday, May 24, 2012
News Making Money

Bestselling Cars in Georgia

Written by Madona Gasanova, The FINANCIAL

13/02/2012 02:12 (101 Day 12:55 minutes ago)

The FINANCIAL -- According to Geostat the sales turnover of auto dealers, with the exclusion of retail sellers, in 2010 amounted to 653.5 million GEL. During the first three quarters of 2011 this amount was 467.5 million GEL. 

ADVERTISEMENT

 

Toyota Center Tbilisi sold 847 cars in 2011, which is 188 units less than in 2010. Irakli Gurchiani, President of Toyota Center Tbilisi says that in 2012 the company plans to import 1,500 units. The Land Cruiser 200 will be an exclusive new brand which Toyota Center Tbilisi will be offering to its customers this year.

With 280 units, Land Cruiser Prado made up the largest number of sales of Toyota Center Tbilisi in 2011. The company sold 147 Corollas, 135 Camrys, 120 Land Cruiser 200s, and 106 RAV 4s.   

Gurchiani says that out of total sales 15% of cars were bought by females and that black and silver were the most popular colours.

The Land Cruiser Prado was also a dominant car in 2010. The price for it is 70,000 GEL.

In 2011 annual turnover of the company was more than 100 million GEL.

In 2011 sales dropped also for Mercedes-Benz Georgia, compared to in 2010. “In 2011 the company sold 29 units while in 2010 we sold 49 units,” said Lasha Lomidze, Sales Manager of Mercedes-Benz Georgia.
 
The Mercedes E-Class was the bestselling car in 2011. Its price is 50,000 EUR.

Black and silver are the most popular colours of cars with Georgian customers. Lomidze states that about 15-20 percent of total sales are made up by female customers.

In 2010 the bestselling car at Mercedes-Benz Georgia was the Mercedes ML, at 50,000 EUR.

“In 2012 we plan to import 50 vehicles. Mercedes-Benz will offer a new ML class. The cost will be 50,000-60,000 EUR,” Lomidze said.

2009 was the best year for Mercedes-Benz Georgia in terms of sales. The company sold 60 units, but the company has still not yet returned to pre-recession indicators.

Iberia Business Group experienced increases in sales in comparison to Toyota Center Tbilisi and Mercedes-Benz Georgia, and recorded a sales increase in 2011 compared with in 2010.

As opposed to Toyota and Mercedes-Benz Centres in Georgia, Auto Holding Iberia Business Group incorporates eight brands of cars, these are: Volkswagen, Audi, Skoda, KIA motors , Renault, Nissan, Mitsubishi Motors and Peugeot. “In 2011 the Holding sold 1,798 cars, while in 2010 the figure was 1,013,” Ia Modebadze, Marketing Manager of Iberia Business Group , told The FINANCIAL.

In 2012 Iberia Business Group will be offering brand new Volkswagen models, and the renewed KIA Rio model. Also the KIA Soul will be available for the first time in Georgia. Renault will be offering the new Renault Duster. 

Modebadze says that the full list of the best selling vehicles in 2011 is: the Skoda Octavia, KIA Sportage, Renault Logan Van, Volkswagen Passat CC and Mitsubishi L200.

“Among new premium class vehicles the colour white is dominant in terms of popularity. The other most popular colours are black and grey. The numbers of our male and female customers are almost equal,” Modebadze said.

In 2010 the dominant cars in terms of sales at Iberia Business Group were: the Kia Cerato and Sportage, Mitsubishi L200, Volkswagen Golf 6, Volkswagen Tiguan and Skoda Octavia.

The prices for the bestselling cars of 2011 were: 23,500 USD for the KIA Crossover, and for the Volkswagen comfort coupe - from 35,000 to 39,000 USD.

Modebadze notes that after 2008, 2011 netted the highest volume of sales.

 

 

Make Your Comment

Add NewSearchRSS
Only registered users and facebook social network members can write comments!

This text is replaced by the Flash movie.
This text is replaced by the Flash movie.





World News
OSCE reviews plan of action to control small arms and light weapons

24/05/2012 03:23 (12:44 minutes ago)

The FINANCIAL -- The 56 OSCE participating States and 12 Partners for Co-operation concluded a review of the OSCE Plan of Action on Small Arms and Light Weapons that aims to counter the spread and accumulation of illicit SALW.

NASA Hosts Global Viewing Events for Rare Astronomical Reunion

24/05/2012 02:26 (13:41 minutes ago)

The FINANCIAL -- NASA Television will air a live program starting at 5:30 p.m. EDT Tuesday, June 5, showcasing the celestial phenomenon of the planet Venus trekking across the face of the sun.

NASA, NSBRI Select 29 Proposals To Support Crew Health On Missions

23/05/2012 02:08 (1 Day 13:59 minutes ago)

The FINANCIAL -- NASA's Human Research Program and the National Space Biomedical Research Institute of Houston will fund 29 proposals to help investigate questions about astronaut health and performance on future deep space exploration missions.

SpaceX Dragon Transports Student Experiments to Space Station

22/05/2012 09:44 (2 Day 06:23 minutes ago)

The FINANCIAL -- The SpaceX Dragon capsule, which on Tuesday became the first commercially developed and built spacecraft to launch to the International Space Station, is carrying among its cargo a suite of 15 science experiments designed by students.

CityLife
New breed of fans could buy 562 Fernando Torres’ with their season-long expenditure!

18/05/2012 09:23 (6 Day 06:44 minutes ago)

fernando_torres_uefa.jpg

The FINANCIAL -- To celebrate the UEFA Champions League final, official sponsor MasterCard today reveals a new breed of football fans who, in Europe, are collectively spending a staggering €35bn each season supporting clubs from foreign countries, proving that witnessing history truly is priceless.

TRAVEL BIZ »
PRESS RELEASES »
FINANCIAL »
UKRAINE »
GEORGIA »
WORLD »
BANKS »
BUSINESS »
TECH »
MARKETS »
B SCHOOLS »
SPECIAL REPORTS »

Politics
International monitors to pull out of Bosnia's Brcko

24/05/2012 03:32 (12:35 minutes ago)

The FINANCIAL -- International monitors decided Wednesday to pull out of the sensitive Bosnian town of Brcko, whose neutral status has been a source of tensions in the ethnically-divided Balkan state.

Read more...
Markets
NYSE Technologies and the Warsaw Stock Exchange announce market data partnership

24/05/2012 06:41 (09:26 minutes ago)

The FINANCIAL -- NYSE Technologies, the commercial technology division of NYSE Euronext announced its market data partnership with the Warsaw Stock Exchange.

Jobs
European Commission calls on Member States to implement national plans for Roma integration

24/05/2012 03:38 (12:29 minutes ago)

The FINANCIAL -- The European Commission has called on EU Member States, in a report adopted, to implement their national strategies to improve the economic and social integration of Europe's 10 to 12 million Roma.

TRAVEL BIZ
The Ritz-Carlton, Montreal to Open as Second Canadian Jewel in the Hotel Company Portfolio

24/05/2012 09:25 (06:42 minutes ago)

6a0128763ee05d970c016305c53977970d-800wi.jpg

The FINANCIAL -- On Monday May 28, 2012, the iconic Ritz-Carlton, Montreal will reopen after an extensive $200 million restoration combining the latest amenities with the splendour of the past.

Read more...
Booker sales rise 9.4% to £3.9b

24/05/2012 09:18 (06:49 minutes ago)

The FINANCIAL -- Booker Group has announced that total sales are up 9.4% to £3.9b for the 53 weeks ended 30 March 2012.

Read more...
Oil&Auto
BMW Group expands activities in China

24/05/2012 08:03 (08:04 minutes ago)

The FINANCIAL -- BMW AG and its joint venture partner, Brilliance China Automotive Holdings Ltd., are opening the most sustainable automobile production facility in China and one of the most innovative and flexible automobile production facilities worldwide.

Read more...
INSURANCE
Swiss Re announces GBP 1.4 billion longevity insurance cover for AkzoNobel's UK pension fund

24/05/2012 08:28 (07:39 minutes ago)

The FINANCIAL -- Swiss Re has completed a GBP 1.4 billion longevity insurance contract with one of the UK pension funds of Akzo Nobel N.V., written through Swiss Re's UK subsidiary ReAssure Ltd.

Read more...






Developed by Aleksandre Chiabrishvili

Design built by Creo Group