Hyundai Assan sees Turkey Oct auto sales down 70 pct

Newswire

ISTANBUL, Sept 30 (Reuters) - Hyundai Assan, the Turkish joint venture of Hyundai , expects automotive sales in Turkey to slide 70 percent in October from a month earlier to 20,000 units, its general manager Kurthan Tarakcioglu told Reuters on Wednesday. The predicted slide in sales follows a government decision not to extend beyond the end of September a temporary cut in the special consumption tax which had helped boost the automotive sector this year after a slump in sales. (Reporting ...

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