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Turkey's auto production, exports up in January-September period

Turkey's auto production, exports up in January-September period

Automotive production, exports up by 8%, 24.5% respectively.
11.10.2021 - 17:47

Turkey's automotive production, including light commercial vehicles, tractors, and automobiles, amounted to 921,619 units during the first nine months of this year, an association report said on Monday.

The January-September figure was up by 8% versus the same period of 2020, according to the Automotive Manufacturers Association.

Meanwhile, passenger car production posted a decline of 1% to stand at 571,108 units in the same period.

The capacity utilization rate in the sector was 63% from January to September.

On the sales side, the auto market, including light trucks and other vehicles, expanded 15% compared to the same period last year, reaching 582,083 units in the same period.

Automotive industry exports also increased by 24.5% to $21.7 billion on value basis. The sector exported 671,674 vehicles during the nine-month period.

In September, auto production decreased by 24.7% on an annual basis to reach 107,029 units.