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Monday, September 09, 2019

Istanbul to save $8.7 million from 1,247 mothballed cars | Ahval

Istanbul to save $8.7 million from 1,247 mothballed cars

The opposition-controlled Istanbul Metropolitan Municipality has announced that it will save nearly 50 million liras ($8.7 million) a year by ending contracts for 1,247 vehicles rented by the previous ruling Islamist party administration, Turkish independent news site Diken reported.

“The yearly rental price of the cars we have returned comes to nearly 35.75 million liras, and the fuel expense came to 13.75 million liras, meaning a yearly total saving of 49.5 million liras,” Diken quoted the municipality’s general secretary Yavuz Erkut as saying.

More:Istanbul to save $8.7 million from 1,247 mothballed cars | Ahval