Turkey's automotive market grows 24% in January-August

ANKARA

Sales of passenger cars and light commercial vehicles in Turkey jumped 24.3% year-on-year in January-August, an industry group report showed on Thursday.

Some 501,000 vehicles were sold across Turkey in the first eight months of this year, the Automotive Distributors' Association (ODD) said in a statement.

Passenger car sales rose 23% to 391,392 unit, accounted for 78% of total vehicle sales in January-August.

A total of 109,612 light commercial vehicles were sold, climbing 28% in the same period.

In August, the automotive market narrowed 5% compared to last year, reaching 58,454 units.

Passenger car sales hit 44,756 units last month, marginally up 0.9% on an annual basis.