Turkish motor vehicle sales decrease three percent in January-October

Friday, 11 November 2016 15:47:33 (GMT+3)   |   Istanbul
       

In October this year, Turkey's motor vehicle sales totaled 85,251 units, increasing by 28 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 63,746 units, up 33 percent year on year. Meanwhile, in the January-October period of this year, Turkey's motor vehicle sales amounted to 738,093 units, decreasing by three percent on year-on-year basis.
 
In the first ten months of the current year, Turkey's motor vehicle exports totaled 905,438 units, up 12 percent, while passenger car exports increased by 18 percent to 574,967 units, both year on year. In the same period, the country exported 292,540 small trucks, up six percent year on year. In the period in question, revenues from total motor vehicle and component exports increased by 10 percent to $19.6 billion, while the revenues from passenger car exports totaled $6.29 billion, rising by 12 percent, both on year-on-year basis.
 
In October of the current year, Turkey's total motor vehicle imports amounted to 58,974 units, increasing by 32 percent year on year, while passenger car imports totaled 48,571 units, up 35 percent, year on year. In the January-October period of this year, the country's total motor vehicle imports amounted to 505,037, rising by one percent, while passenger car imports totaled 419,242 units, growing by two percent, both compared to the same period of 2015.

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