Tuesday, 28 November
Tuesday, 28 November
business • 1678775788 
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During the pandemic, the global car market experienced a surge in prices for both new and used cars, which can be attributed to the closure of factories and disruptions in the production process due to lockdowns.
In 2022, car importers reported that the average cost of cars increased by 25%, and this upward trend in prices continued due to increased logistics costs resulting from the pandemic. However, Guram Rostiashvili, the founder of Auto Import Georgia, noted that logistics costs in the direction of Asia have decreased by 50%-60% in recent times, although the cost of the car itself remains high.
He explained that the price of a car can be divided into two parts: the cost price and the cost of the logistics chain. While the cost of logistics has dropped significantly in the direction of Asia, with the transportation of a single car now costing around 900-1000 dollars as compared to 2000-2400 dollars previously, the price of cars in America has remained stable.
Rostiashvili expressed hope that prices in America will return to pre-pandemic levels.
Georgia is set to host the esteemed IWSC Wine Judging competition for the second time, with an impressive lineup of 520 wines from over 170 companies registered for the event. This year's participatio...
Economics • 1701078769
Actor and rapper Kakha Abuashvili (Kabu) has been arrested by law enforcement officers for alleged violence against a woman. According to reports, the singer was detained yesterday and is currently in...
Justice • 1701078588
Chairman of United National Movement, Levan Khabeishvili, states that former chairman Nika Melia is not in the ranks of the party. He announced this while giving an interview to TV Formula. The presen...
Politics • 1701078538
Without the victory of Ukraine, there will be no progress and freedom for us, said the President of Georgia, Salome Zurabishvili, during her speech at a meeting with the Georgian media within the fram...
Politics • 1701078476
Azerbaijani President Ilham Aliyev accused the French authorities of inciting a new war in the Caucasus by arming Armenia. Aliyev stated this in a written message to the international conference in Ba...
World • 1700581454
According to the chairman of the Parliament of Georgia, Shalva Papuashvili, President Salome Zurabishvili made a xenophobic statement regarding Russian citizens, which everyone should distance from. A...
Politics • 1700581285
business • 1699521760
Starlink Internet Now Available in Georgia
