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Turkish motor vehicle sales up 5.4 percent in January-May

Friday, 21 June 2024 11:15:18 (GMT+3)   |   Istanbul
       

In May this year, Turkey’s motor vehicle sales totaled 104,959 units, up by 32.6 percent compared to April and decreasing by 9.7 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 80,260 units, down 8.2 percent year on year. Meanwhile, in the January-May period of this year, Turkey’s motor vehicle sales amounted to 491,482 units, growing by 5.4 percent on year-on-year basis.

In the first five months of the current year, Turkey’s motor vehicle exports totaled 417,826 units, up 0.6 percent, while passenger car exports rose by 2.1 percent to 269,349 units, both year on year. In the same period, the country exported 125,732 small trucks, up 2.9 percent year on year. In the given period, revenues from total motor vehicle and component exports advanced by 3.0 percent to $15.09 billion, while the revenues from passenger car exports totaled $4.37 billion, falling by 0.8 percent, both on year-on-year basis.

In May, Turkey’s total motor vehicle imports amounted to 72,803 units, up by 34.4 percent month on month and decreasing by 2.2 percent year on year, while passenger car imports totaled 57,493 units, rising by 33.0 percent compared to the previous month and down by 3.4 percent, year on year. In the January-May period of this year, the country’s total motor vehicle imports amounted to 331,484 units, moving up by 17.4 percent, while passenger car imports totaled 260,387 units, increasing by 16.7 percent, both compared to the same period of 2023.


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