INTERVIEW-Turkey's Dogus Oto sees 15 pct fall in 2012 sales-CEO

Newswire

ISTANBUL, Dec 21 (Reuters) - Dogus Otomotiv, which sells Volkswagen cars in Turkey, expects a 15 percent decline in vehicle sales in 2012 due to concerns in the global economy, the firm's Chief Executive Officer Ali Bilaloglu told Reuters on Wednesday. Vehicle sales were expected to drop to 85,000 units in 2012, from 100,000 this year, he said in an interview in Istanbul. "It is a high possibility that 2012 will be a tougher year then 2011. Our expectation is for a 15 percent shrinkage in ...

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