Auto production of Turkey boosted 20 percent in the first half

by SpeedLux
Ankara Turkey road

Turkish auto production increased 20 percent year on year to 869,158 vehicles during the first half, with output increased 8 percent to 141,161 vehicles in June, Turkey’s automotive manufacturers body informed.

Domestic automotive sales, consisting both automobiles, light and heavy industrial vehicles dropped 9 percent to 410,609 units in the first half as last 2016’s tax boosts and forex induced price boosts continued to put pressure on markets.

Turkey’s auto exports jumped 29 percent to 714,284 units, led by a 48 percent increase in car exports as producers continued to increase the output of export oriented models.

Turkey’s Automotive Industry Association likewise upped its year-end production projection to 1.7 million vehicles from 1.65 million.

Year-end automotive exports, the most significant contributor to national exports, were found at 1.4 million units, with an approximate worth of 28 billion dollars the industry association stated.

Worldwide manufacturers such as Toyota, Hyundai, Ford and Fiat Chrysler run their plants in Turkey as export hubs, with only part of the production sold in the regional market.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.


SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.


©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More