Car price rise forecasted in Azerbaijan

He told APA that the Association was against the imposition of excise tax on imported cars.

"We foresee the advantage and disadvantages of this step. This step is, as a rule, taken in the countries where automobiles are produced, while car industry is a weak point of Azerbaijan. We were not asked for our opinion when the decision was made," he said.

Zarbaliyev said that the imposition of excise tax on the imported tax will add a 10% rise to the selling price of the cars.