Government's Business Reforms Drive To Regulate The Used Car Market

The Automotive Trade Assembly of the Turkish Union of Chambers and Commodity Exchanges (TOBB) is drawing up regulations for the country's used car market, which BMI believes is set for rapid growth in the near future. A major contributor to this growth will be the country's low vehicle ownership rate, which according to Eurostat stands at only 75 vehicles per 1,000 people - much lower than the European average of 463 - despite surging sales in the past few

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