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Turkish motor vehicle output up 17.6 percent in January-July

Monday, 14 August 2023 14:10:24 (GMT+3)   |   Istanbul

In July this year, Turkey’s motor vehicle output totaled 135,360 units, increasing by 48.4 percent year on year and 13.8 percent month on month, according to the monthly statistics released by the Turkish Automotive Manufacturers’ Association (OSD). In the January-July period of the year, Turkey’s motor vehicle output totaled 870,600 units, up by 17.6 percent year on year.

In the given month, passenger car output amounted to 88,214 units, up by 73.7 percent, while commercial vehicle output totaled 47,146 units, up 16.7 percent, both on year-on-year basis. In the January-July period of the current year, passenger car output totaled 550,615 units, growing by 27.0 percent, and commercial vehicle production amounted to 319,985 units, increasing by 4.3 percent, both compared to the same period of 2022.

The overall production capacity utilization rate of the Turkish automotive industry was 81.9 percent in July, while the rate was 75.4 percent for the first seven months of the year.


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