Türkiye's automotive production drops 13.9% in July

ANKARA

Türkiye's automotive production declined by 13.9% year-on-year in July, totaling 116,569 vehicles, according to a report from the Automotive Manufacturers Association (OSD) released on Monday.

Production of passenger cars fell by 7.7% year-on-year to 81,434 units last month. Despite the decline in overall production, automotive exports, including cars and commercial vehicles, increased by 9.2% to 88,334 units.

Türkiye earned $3 billion from vehicle exports in July, marking a 9.1% rise from the previous year. However, the domestic auto market contracted by 17.2% year-on-year, with total sales dropping to 97,430 units.

Major international automakers such as Ford, Honda, Hyundai, Mercedes, Renault, and Toyota operate factories in Türkiye, a significant global auto market.

From January to July, Türkiye’s vehicle production decreased by 5% compared to the previous year, totaling 823,636 units. Passenger car production saw a slight decline of 2%, amounting to 542,177 units for the same period.