Auto production in Turkey down in November

Auto production in Turkey down in November

Auto production in Turkey down in November

The Automotive Manufacturers’ Association (OSD) reported on Dec. 17 that Turkey’s auto production declined by 21.2 percent in November from a year earlier to a total of 128,875 units.

The automotive industry’s passenger car output fell 19.6 percent on an annual basis to 85,666 units.

Data from the association also showed that a total of 59,495 vehicles were sold on the domestic market in November, pointing to a 42.7 percent contraction compared with the same month of 2017 while passenger car sales declined by 39.2 percent to 46,204 units.

The automotive industry’s overall export revenues, however, increased by 4.5 percent in November compared to the same month of last year to hit $2.83 billion, with passenger car exports rising 2.2 percent to $1.1 billion.

Turkey’s total auto output shrank 7.5 percent to 1.43 million units in January-November, data also showed.

Passenger car production was down 9.9 percent year-on-year to 944,304 units in the same period.