Turkey’s auto production almost 490,000 in first quarter

A total of 489,429 vehicles were produced across Turkish automotive industry production lines in the first four months of this year, the Automotive Manufacturers Association (OSD) reported on May 11.

The nation’s auto production- consisting of automobiles, commercial vehicles, and tractors- dropped 13% year-on-year in the January-April period.

The association stated automobile production in Turkey also declined 14% to reach at 322,281 during the same period.

From January to April, total auto sales market almost dropped 50% to 123,155 vehicles.

Turkey’s automotive exports also dropped 8% on annual basis to hit 126,026 in the first four months.

The sector earned $10.5 billion from automotive exports from January to April.