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Turkey's automotive output rises 13.2% in H1

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BM.GE
18.07.23 10:27
423
Turkey's overall automotive production increased 13.2% year-on-year in the first half of 2023, a sectoral group said on Monday.

Automakers in Turkey manufactured 735,231 vehicles in January-June, including automobiles and commercial vehicles, showed a report by the Automotive Manufacturers Association (OSD).

Automotive exports grew 8.3% during the same period, reaching 505,926 units.

Turkey reaped $17.7 billion from vehicle exports in the six-month period, up 14.6% from the last year.

The country's overall auto sales market expanded 54.7% from the prior year to 581,109 units, the report said.

Passenger car production soared 20.7% annually to 462,401 units from January to June.

Top international automakers – including Ford, Honda, Hyundai, Mercedes, Renault, and Toyota – have factories in Turkey, one of the world's main auto sales markets.

In June, 118,898 vehicles were manufactured in Turkey, marking an annual decline of 12.2%, AA reports.

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