Turkish motor vehicle sales decline 32.3 percent in January-October

Tuesday, 13 November 2018 12:09:05 (GMT+3)   |   Istanbul
       

In October this year, Turkey's motor vehicle sales totaled 22,315 units, decreasing by 76.4 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 16,809 units, down 76.2 percent year on year. Meanwhile, in the January-October period of this year, Turkey's motor vehicle sales amounted to 502,156 units, decreasing by 32.3 percent on year-on-year basis.

In the first ten months of the current year, Turkey's motor vehicle exports totaled 1,099,323 units, down 0.4 percent, while passenger car exports decreased by 4.8 percent to 732,142 units, both year on year. In the same period, the country exported 311,060 small trucks, up 9.7 percent year on year. In the period in question, revenues from total motor vehicle and component exports increased by 12.8 percent to $26.899 billion, while the revenues from passenger car exports totaled $10.32 billion, rising by 6.2 percent, both on year-on-year basis.

In October, Turkey's total motor vehicle imports amounted to 13,950 units, decreasing by 77.4 percent year on year, while passenger car imports totaled 11,136 units, down 78 percent, year on year. In the January-October period of this year, the country's total motor vehicle imports amounted to 310,897, falling by 34.2 percent, while passenger car imports totaled 252,579 units, declining by 34 percent, both compared to the same period of 2017.


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