Turkish motor vehicle sales down six percent in January-July

Friday, 26 August 2016 17:09:30 (GMT+3)   |   Istanbul
       

In July this year, Turkey's motor vehicle sales totaled 59,505 units, decreasing by 31 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 45,566 units, down 29 percent year on year. Meanwhile, in the January-July period of this year, Turkey's motor vehicle sales amounted to 510,502 units, decreasing by six percent on year-on-year basis.
 
In the first seven months of the current year, Turkey's motor vehicle exports totaled 639,848 units, up 14 percent, while passenger car exports increased by 15 percent to 392,926 units, both year on year. In the same period, the country exported 221,866 small trucks, up 18 percent year on year. In the period in question, revenues from total motor vehicle and component exports increased by 10 percent to $13.67 billion, while the revenues from passenger car exports totaled $4.17 billion, rising by three percent, both on year-on-year basis.
 
In July of the current year, Turkey's total motor vehicle imports amounted to 42,436 units, decreasing by 27 percent year on year, while passenger car imports totaled 36,155 units, down 23 percent, year on year. In the January-July period of this year, the country's total motor vehicle imports amounted to 344,524, falling by three percent, while passenger car imports totaled 286,536 units, narrowing by two percent, both compared to the same period of 2015.


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