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Turkish motor vehicle output up 12.4 percent in January-October

Monday, 13 November 2023 11:36:56 (GMT+3)   |   Istanbul

In October this year, Turkey’s motor vehicle output totaled 136,177 units, up by 18.6 percent year on year and 4.3 percent month on month, according to the monthly statistics released by the Turkish Automotive Manufacturers’ Association (OSD). In the January-October period of the year, Turkey’s motor vehicle output totaled 1,210,342 units, up by 12.4 percent year on year.

In the given month, passenger car output amounted to 91,511 units, up by 46.7 percent, while commercial vehicle output totaled 44,666 units, down 14.9 percent, both on year-on-year basis. In the January-October period of the current year, passenger car output totaled 779,328 units, growing by 23.0 percent, and commercial vehicle production amounted to 431,014 units, decreasing by 2.8 percent, both compared to the same period of 2022.  

The overall production capacity utilization rate of the Turkish automotive industry was 82.3 percent in October, while the rate was 73.4 percent for the first ten months of the year.


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