Economy

Turkey: Auto production down 19% in Jan-Sept

Country's automotive industry exported 616,120 vehicles in first 9 months, says auto manufacturers association

Aysu Bicer   | 12.10.2020
Turkey: Auto production down 19% in Jan-Sept

ANKARA

Automakers in Turkey produced 854,227 vehicles, including automobiles, light commercial vehicles, and tractors, this January-September, according to a sector report released on Monday. 

In the first nine months of 2020, Turkey's auto production dropped 19% on a yearly basis due to the COVID-19 pandemic, said the Automotive Manufacturers Association (OSD).

The country's automotive exports totaled some $17.4 billion this January-September, down 24% from a year ago.

In the same period, total automotive exports fell 33% to 616,120 on a unit basis annually.

Top international automakers – including Ford, Honda, Hyundai, Mercedes, Renault, and Toyota – have factories in Turkey, one of the world’s top auto sale markets.

Automotive production in Turkey this August surged 44% year-on-year.

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