Turkish motor vehicle sales decrease 4.2 percent in January-May

Tuesday, 19 June 2018 17:24:47 (GMT+3)   |   Istanbul
       

In May this year, Turkey's motor vehicle sales totaled 74,762 units, decreasing by 14.5 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 57,227 units, down 13.0 percent year on year. Meanwhile, in the January-May period of this year, Turkey's motor vehicle sales amounted to 311,566 units, decreasing by 4.2 percent on year-on-year basis.

In the first five months of the current year, Turkey's motor vehicle exports totaled 577,820 units, down 3.4 percent, while passenger car exports decreased by 7.6 percent to 392,522 units, both year on year. In the same period, the country exported 160,459 small trucks, up 8.2 percent year on year. In the period in question, revenues from total motor vehicle and component exports increased by 17.7 percent to $14.17 billion, while the revenues from passenger car exports totaled $5.58 billion, rising by 10.2 percent, both on year-on-year basis.

In May, Turkey's total motor vehicle imports amounted to 46,419 units, decreasing by 16.5 percent year on year, while passenger car imports totaled 38,219 units, down 15.3 percent, year on year. In the January-May period of this year, the country's total motor vehicle imports amounted to 193,564, falling by 6.4 percent, while passenger car imports totaled 156,643 units, declining by 5.6 percent, both compared to the same period of 2017.


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