Turkish automotive sector beats record
According to the data released from the
Automotive Industry Association (OSD), total vehicle
production amounted to 52'619 units in November. In the first eleven months of 2003, vehicle
production totaled to 488'689 units and beat the
production record by passing 468'381 units reported in the same period of year 2000. With December
production, the total
production in 2003 is expected to exceed 500'000 units. In the first eleven months of 2003, passenger car
production reached 253'547 units.
In January-November period, Oyak Renault produced 114'617 units, Tofas 112'753 units and Ford Otosan 99'636 units.
The vehicle
production has exceeded 400'000 units thrice. In 1993, the
production reached 453'465 units while 405'002 and 468'381 units were produced in 1998 and 2000 respectively.
In the first eleven months of 2003, 62.3% of the total exports have been effected to the 15 member states of European Union. This revealed that the leading sector of the Turkish economy has obtained $4 billion portion of the total $6.4 billion
automotive exports value from the EU market.
Based on the data obtained from Uludag Exporters Union (UIB), Turkish
automotive sector has exported to a total 174 countries and self governing territories and 14 free trade zones worldwide.
The major EU countries receiving Turkish exports are headed by
Germany,
France,
Italy,
UK and
Spain.
Belgium,
Ireland,
Netherlands,
Austria,
Sweden,
Greece,
Finland,
Denmark,
Portugal and
Luxembourg also received significant export volumes from
Turkey.
Turkish market share in
Europe amounted to 70.6% for the
automotive exports when the candidate countries are considered.