Turkey’s automotive sales shrink 6.4 percent in April: Association

Turkey’s automotive sales shrink 6.4 percent in April: Association

ISTANBUL

Turkey’s car and light commercial vehicle sales were down by 6.4 percent in April compared to the same period of 2017, data from a sector association has shown.

According to data from the Automotive Distributors’ Association (ODD), sales also saw a 1.1 percent shrinkage in the first four months of the year from a year earlier.

In April, a total of 71,126 automotive units were sold, ODD data showed on May 3.

While some 55,108 cars were sold in April with a 5 percent year-on-year decrease, the sales of light commercial vehicles were down 11 percent on yearly basis, falling to 16,018.

In the first four months of the year, 229,556 automotive units were sold.

Some 177,418 car units were sold in the January-April period by a 2 percent year-on-year increase, according to ODD data. Light commercial vehicle sales, however, declined 10.3 percent on a yearly basis and became 52,138 units in the mentioned period.

The association kept its year-end sale forecast the same at 925,000 and 975,000.