Baku, Azerbaijan, Sept. 27
By Kamala Mammadli - Trend:
Azerbaijan's State Statistical Committee has signed a contract with the country's Azermash LLC to purchase Khazar SD cars, Trend reports referring to the State Procurement Agency of Azerbaijan.
The contract signed between the parties is worth 280,500 manats.
The official opening of the Azermash plant was held on March 29, 2018. The plant was founded by Iran’s Iran Khodro and Azerbaijan’s AzEuroCar companies.
The plant is located in the Neftchala Industrial District in southeastern Azerbaijan. All cars produced at the plant comply with Euro-5 standards.
In 2018, over 1,000 Khazar cars were produced at the Azermash plant, 95 percent of which were sold. The cost of the Khazar LD car is 18,000 manats ($10,600), and the price of Khazar SD is 16,000 manat ($9,400).
Azermash plans to produce 3,000 cars in 2019.
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