Turkey’s car production hits 10-year high

Number of cars produced in first four months of 2017 totaled more than 400,000, Automotive Manufacturers’ Association (OSD) reports

AA.com.tr – Turkey’s auto production rose by 42% to over 400,000 vehicles in the first four months of 2017, compared with the same period last year, hitting a 10-year high, according to official OSD data released on Thursday.

A total of 402,094 cars were manufactured in January-April perıod, marking the largest number of units produced in the country since 2007.

Automobile exports were also on the increase during the same period, going up by 57% to reach 337,000 units.

Overall production on the other hand – including the light commercial vehicles – was up 22% year-on-year, standing at 573,239 units.

OSD reported that vehicle sales were down 9% to 237,717 units compared with the same period last year.

The report also revealed that overall exports were up 31 percent, reaching 473,000 units.

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