Türkiye’s auto production down for 9th consecutive month
Türkiye's auto production dropped 15.4% year-on-year in November, marking the ninth consecutive month of decline. Passenger car output fell 17.4%, while vehicle exports also saw a decline, generating $3.2 billion in revenue.
- Türkiye
- Anadolu Agency
- Published Date: 12:53 | 16 December 2024
- Modified Date: 01:58 | 16 December 2024
Türkiye's auto production fell 15.4% on an annual basis in November, registering the ninth consecutive month of decline, according to a recent report from the Turkish Automotive Manufacturers Association (OSD).
Automakers in Türkiye produced a total of 117,377 vehicles in November, the data showed.
Passenger car production declined 17.4% year-on-year last month to 80,058 units.
Türkiye's auto exports, including cars and commercial vehicles, fell to 89,187 units in November versus 96,744 in October.
Vehicle exports generated $3.2 billion in November, down 0.5% year-on-year.
The country's auto market increased 4.7% on an annual basis, registering a total of 125,132 units sold.
In January-November, the country's vehicle production decreased 8.1% year-on-year to 1.2 million units, while the passenger car production fell 6.2% to 822,361 units.