Turkish motor vehicle sales decrease four percent in January-February

Monday, 13 March 2017 15:01:52 (GMT+3)   |   Istanbul
       

In February this year, Turkey's motor vehicle sales totaled 48,141 units, decreasing by 11 percent year on year, according to the monthly statistics released by the Turkish Automotive Manufacturers' Association (OSD). In the same month, Turkey's passenger car sales totaled 34,658 units, down 15 percent year on year. Meanwhile, in the January-February period of this year, Turkey's motor vehicle sales amounted to 84,289 units, decreasing by four percent on year-on-year basis.
 
In the first two months of the current year, Turkey's motor vehicle exports totaled 219,434 units, up 31 percent, while passenger car exports increased by 60 percent to 158,483 units, both year on year. In the same period, the country exported 53,049 small trucks, down 19 percent year on year. In the period in question, revenues from total motor vehicle and component exports increased by 21 percent to $4.33 billion, while the revenues from passenger car exports totaled $1.84 billion, rising by 92 percent, both on year-on-year basis.
 
In February of the current year, Turkey's total motor vehicle imports amounted to 30,668 units, decreasing by 17 percent year on year, while passenger car imports totaled 23,880 units, down 22 percent, year on year. In the January-February period of this year, the country's total motor vehicle imports amounted to 52,494, falling by nine percent, while passenger car imports totaled 40,776 units, declining by 12 percent, both compared to the same period of 2016.

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