Turkish auto industry produces 1.1M vehicles in Jan-Nov
Country's automotive exports slip 19% to $23.1B in 11-month period, says sectoral body
Automakers in Turkey produced some 1.15 million vehicles -- including automobiles and commercial vehicles -- in this January-November, according to a sectoral report.
The figure was down 13% year-on-year, the Automotive Manufacturers Association (OSD) said on Sunday.
The country's passenger car production also fell 14% to 761,743 during the same period.
The report said around 72% of manufactured vehicles were exported, marking a 28% annual decline to 821,900 units in the first 11 months of 2020.
Taking the lion’s share in the country's total exports in January-November with 15%, automotive exports stood at $23.1 billion, decreasing 19% on a dollar basis compared to the last year.
The association also said Turkey's overall auto sales market, including light trucks and other vehicles, grew 73% annually, reaching 688,180 in the first 11 months of this year.
Top international automakers -- including Ford, Honda, Hyundai, Mercedes, Renault, and Toyota -- have factories in Turkey, one of the world’s top auto sale markets.
In November, auto production increased 5.4% on an annual basis to 143,264.Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. Please contact us for subscription options.