Economy

Türkiye’s auto production down for 9th consecutive month

Turkish automakers produce over 117,000 vehicles in November, according to latest report

Emir Yildirim  | 16.12.2024 - Update : 16.12.2024
Türkiye’s auto production down for 9th consecutive month

ISTANBUL 

Türkiye’s auto production fell 15.4% on an annual basis in November, registering the ninth consecutive month of decline, according to a recent report from the Turkish Automotive Manufacturers Association (OSD).

Automakers in Türkiye produced a total of 117,377 vehicles in November, the data showed.

Passenger car production declined 17.4% year-on-year last month to 80,058 units.

Türkiye’s auto exports, including cars and commercial vehicles, fell to 89,187 units in November versus 96,744 in October.

Vehicle exports generated $3.2 billion in November, down 0.5% year-on-year.

The country’s auto market increased 4.7% on an annual basis, registering a total of 125,132 units sold.

In January-November, the country’s vehicle production decreased 8.1% year-on-year to 1.2 million units, while the passenger car production fell 6.2% to 822,361 units.

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