Turkey's auto production narrows in Jan-Aug
Automakers in Turkey produced 1,034,97 vehicles -- including automobiles, light commercial vehicles, and tractors -- in the first eight months of 2018, according to a monthly report.
The report showed that automobile production also fell 9 percent during the same period, to reach 683,069.
The Turkish market for auto sales (including light trucks and other vehicles) narrowed 20 percent annually, standing at 455,943 units between Jan. and Aug.
However, the export value rose to $21.3 billion, up 12 percent during the same period, due to high level of the dollar-lira parity, it said.
The eight-month average U.S. dollar/Turkish lira exchange rate this year was around 4.38, while last year one dollar traded for 3.65 liras on average.