Turkish motor vehicle sales up 61.9 percent in January-July

Tuesday, 15 August 2023 13:40:02 (GMT+3)   |   Istanbul
       

In July this year, Turkey’s motor vehicle sales totaled 116,063 units, up by 0.9 percent compared to June and increasing by 109.4 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 85,916 units, up 109.5 percent year on year. Meanwhile, in the January-July period of this year, Turkey’s motor vehicle sales amounted to 697,726 units, growing by 61.9 percent on year-on-year basis.

In the first seven months of the current year, Turkey’s motor vehicle exports totaled 586,795 units, up 11.4 percent, while passenger car exports increased by 25.9 percent to 375,670 units, both year on year. In the same period, the country exported 169,607 small trucks, down 12.0 percent year on year. In the given period, revenues from total motor vehicle and component exports advanced by 16.7 percent to $20.49 billion, while the revenues from passenger car exports totaled $6.21 billion, rising by 24.3 percent, both on year-on-year basis.

In July, Turkey’s total motor vehicle imports amounted to 78,393 units, up by 12.97 percent month on month and rising by 170.5 percent year on year, while passenger car imports totaled 65,591 units, increasing by 10.9 percent compared to the previous month and up 181.2 percent, year on year. In the January-July period of this year, the country’s total motor vehicle imports amounted to 430,559 units, moving up by 82.0 percent, while passenger car imports totaled 347,854 units, increasing by 80.1 percent, both compared to the same period of 2022.


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