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Salaries in the automotive sector increased by 15%

Analytics

Despite the quarantine and economic crisis, the revenues of the automotive sector in 2020 increased. More growth — by 17% occurred only in the oil and gas business.

Partial liberalization of imports of used cars at the end of 2018 intensified the car market. The number of domestic sales has increased, and imports of cars from abroad have increased at times.

As a result, the business began to develop, the number of jobs increased, there was a need for specialists, and finally the salary in the automotive sector increased. The removal of trade barriers has a positive effect on economic growth and improving the welfare of citizens.

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