Turkish motor vehicle output up 11.7 percent in January-September

Tuesday, 17 October 2023 12:19:31 (GMT+3)   |   Istanbul
       

In September this year, Turkey’s motor vehicle output totaled 130,545 units, up by 1.3 percent year on year and 78.8 percent month on month, according to the monthly statistics released by the Turkish Automotive Manufacturers’ Association (OSD). In the January-September period of the year, Turkey’s motor vehicle output totaled 1,074,155 units, up by 11.7 percent year on year.

In the given month, passenger car output amounted to 87,902 units, up by 17.7 percent, while commercial vehicle output totaled 42,643 units, down 21.3 percent, both on year-on-year basis. In the January-September period of the current year, passenger car output totaled 687,817 units, growing by 20.5 percent, and commercial vehicle production amounted to 386,338 units, decreasing by 1.2 percent, both compared to the same period of 2022.  

The overall production capacity utilization rate of the Turkish automotive industry was 79.1 percent in September, while the rate was 72.4 percent for the first nine months of the year.


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