Türkiye's passenger car sales falls 8.4% in October
Passenger car sales in Türkiye fell 8.4% year-on-year in October, totaling 97,274 units sold, according to the Automotive Distributors' and Mobility Association. While hybrid car sales surged 84.8% to 16,017 units, electric vehicle sales dropped 9.4% to 8,906 units during the same period.
- Economy
- Anadolu Agency
- Published Date: 10:50 | 04 November 2024
- Modified Date: 10:52 | 04 November 2024
Passenger car sales in Türkiye dropped 8.4% year-on-year by 75,662 units in October, according to data released by an industry group on Monday.
A total of 97,274 passenger cars and light commercial vehicles were sold across the country last month, falling 4% at an annualized pace, the Automotive Distributors' and Mobility Association (ODMD) data showed.
Light commercial vehicle sales, on the other hand, surged by 15.2% to 21,612 units during the same period.
In October, hybrid cars accounted for 21.2% of total automobile sales or 16,017 units, enjoying an annual surge of 84.8%.
Electric car sales declined 9.4% from a year ago to 8,906 units in October, making up 11.8% of total sales.
In January-October, the automobile market slightly grew by 0.2% from the prior year to 750,935 units, while light commercial vehicles' sales decreased by 6.3% to 196,231 units.