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Turkish motor vehicle sales down seven percent in January-August

Monday, 12 September 2016 15:25:21 (GMT+3)   |   Istanbul
       
In August this year, Turkey's motor vehicle sales totaled 73,269 units, decreasing by 13 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 53,977 units, down 13 percent year on year. Meanwhile, in the January-August period of this year, Turkey's motor vehicle sales amounted to 583,771 units, decreasing by seven percent on year-on-year basis.
 
In the first eight months of the current year, Turkey's motor vehicle exports totaled 705,350 units, up 14 percent, while passenger car exports increased by 17 percent to 440,197 units, both year on year. In the same period, the country exported 237,024 small trucks, up 15 percent year on year. In the period in question, revenues from total motor vehicle and component exports increased by 12 percent to $15.4 billion, while the revenues from passenger car exports totaled $4.8 billion, rising by eight percent, both on year-on-year basis.
 
In August of the current year, Turkey's total motor vehicle imports amounted to 52,865 units, decreasing by 11 percent year on year, while passenger car imports totaled 43,766 units, down nine percent, year on year. In the January-August period of this year, the country's total motor vehicle imports amounted to 397,389, falling by four percent, while passenger car imports totaled 330,302 units, narrowing by three percent, both compared to the same period of 2015.


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