2024-01-10 20:38:56
Al-Marsad newspaper: Hajj Hussein Reda, CEO of the company, said that he does not expect car prices to decrease in 2024.
Ali Reda added, in televised statements on the “Al Rased” program, that the global inflation rate is decreasing, noting that car prices are expected to be slightly lower than last year. He explained that the difference in currencies is one of the reasons for the decline in car prices, saying: The currency factor can decrease prices, and factory prices also have a factor because they raise the price of the new model.
Video | CEO of Haj Hussein Reda and Partners Company, Ali Reda: I do not expect car prices to fall in 2024… but they are expected to decrease slightly by 2023. #The Observer pic.twitter.com/a3juryYcor
– Al-Rasid (@alraasd) January 10, 2024
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