Turkish motor vehicle sales decrease 44.9 percent in Q1

Tuesday, 16 April 2019 15:27:41 (GMT+3)   |   Istanbul
       

In March this year, Turkey's motor vehicle sales totaled 50,472 units, decreasing by 36.6 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 38,628 units, down 35.4 percent year on year. Meanwhile, in the first quarter of this year, Turkey's motor vehicle sales amounted to 90,888 units, decreasing by 44.9 percent on year-on-year basis.

In the first three months of the current year, Turkey's motor vehicle exports totaled 320,213 units, down 7.1 percent, while passenger car exports decreased by 10.9 percent to 209,884 units, both year on year. In the same period, the country exported 88,988 small trucks, down 5.8 percent year on year. In the period in question, revenues from total motor vehicle and component exports decreased by 5.8 percent to $7.89 billion, while the revenues from passenger car exports totaled $2.94 billion, falling by 10.8 percent, both on year-on-year basis.

In March, Turkey's total motor vehicle imports amounted to 27,302 units, decreasing by 44.1 percent year on year, while passenger car imports totaled 22,034 units, down 45 percent, year on year. In the January-March period of this year, the country's total motor vehicle imports amounted to 50,311, falling by 49.9 percent, while passenger car imports totaled 40,424 units, declining by 50.1 percent, both compared to the same period of 2018.


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