Turkish motor vehicle sales decrease eight percent in January-March

Wednesday, 12 April 2017 17:01:27 (GMT+3)   |   Istanbul
In March this year, Turkey's motor vehicle sales totaled 75,581 units, decreasing by 11 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 55,616 units, down 13 percent year on year. Meanwhile, in the January-March period of this year, Turkey's motor vehicle sales amounted to 159,868 units, decreasing by eight percent on year-on-year basis.
 
In the first three months of the current year, Turkey's motor vehicle exports totaled 355,399 units, up 33 percent, while passenger car exports increased by 60 percent to 254,796 units, both year on year. In the same period, the country exported 86,545 small trucks, down 15 percent year on year. In the period in question, revenues from total motor vehicle and component exports increased by 25 percent to $7.08 billion, while the revenues from passenger car exports totaled $3.01 billion, rising by 89 percent, both on year-on-year basis.
 
In March Turkey's total motor vehicle imports amounted to 48,816 units, decreasing by 17 percent year on year, while passenger car imports totaled 39,467 units, down 18 percent, year on year. In the January-March period of this year, the country's total motor vehicle imports amounted to 101,308, falling by 13 percent, while passenger car imports totaled 80,243 units, declining by 15 percent, both compared to the same period of 2016.

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