Turkish motor vehicle market expands unexpectedly in August

Friday, 10 September 2010 10:44:41 (GMT+3)   |  
       

According to the Turkish Automotive Manufacturers Association (OSD), in August this year motor vehicle sales in Turkey totaled 64,539 units, rising significantly by 74 percent as compared to the same month of the previous year and unexpectedly up by 1.29 percent month on month, despite the usual market contraction in the summer season.
 
In August, Turkey's passenger car sales amounted to 42,222 units, climbing by 87.3 percent year on year and up by 1.99 percent compared to July this year.
 
In the given month, Turkey's motor vehicle exports came to 36,685 units, rising by 8.2 percent, while its passenger car exports amounted to 18,718 units, slightly up by 0.8 percent, both on year-on-year basis. The revenue for these exports sales totaled $877.96 million for total motor vehicle exports, down 5.7 percent, including the revenue of passenger car exports registered as $252.45 million, down 17.9 percent, both compared to the same month last year.
 
In August this year, Turkey's motor vehicle imports increased by 91.6 percent year on year, while its passenger car imports rose by 92.6 percent, totaling 40,277 units and 31,359 units respectively.
 

Similar articles

Turkish motor vehicle sales down 15.3% in Jan-Aug

18 Sep | Steel News

Turkish motor vehicle sales down 17% in Jan-July

29 Aug | Steel News

Turkish motor vehicle sales down 19.4% in H1

16 Jul | Steel News

Turkish motor vehicle sales fall 21 percent in Jan-May

13 Jun | Steel News

Turkish motor vehicle sales fall 25.6 percent in Q1

16 Apr | Steel News

Germany increases its motor vehicle exports to Turkey

02 Apr | Steel News

Turkish motor vehicle sales fall 34.5 percent in January

14 Feb | Steel News

Turkey’s steel export value up 28.5 percent in 2011

01 Feb | Steel News

Turkey’s automotive market expands by 14.8 percent in 2011

17 Jan | Steel News

Global car industry sales to hit all-time record high in 2011

21 Dec | Steel News