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Turkey: Auto production at 352,000 in Jan-April 2020

Mostly shut down in first four months due to coronavirus, Turkish automotive sector's vehicle output down 28% YoY

News Service
12:47 - 10/05/2020 Sunday
Update: 12:50 - 10/05/2020 Sunday
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Automakers in Turkey manufactured 352,309 vehicles -- including automobiles and commercial vehicles -- between January and April 2020, according to a sectoral report on Sunday.

Turkey's auto production slipped 28% on a yearly basis due to factory shutdowns amid the coronavirus pandemic, said the Automotive Manufacturers' Association.

Around 82% of manufactured vehicles were exported, marking a 33% annual decline to 286,963 units in the first four months of this year.

The country's automotive exports totaled nearly $7.8 billion in the four-month period, down by 27% from a year ago.

Contrary to production, Turkey's overall auto sales market surged 27% year-on-year to 155,873 vehicles.

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
#Automotive Manufacturers Association
#Automotive production
#OSD
4 years ago