Turkish auto industry produces 106,000+ vehicles in Jan

Some 73% of manufactured vehicles exported, marking 14% annual decline, says country’s Automotive Manufacturers Association

Automakers in Turkey produced 106,176 vehicles including automobiles and commercial vehicles this January, according to a sectoral report on Sunday.

Turkey’s auto production fell 3% on a yearly basis, said the Automotive Manufacturers Association.

Some 73% of the manufactured vehicles were exported, marking a 14% annual decline to 77,569 units last month.

The country’s earnings from automotive exports totaled $2.3 billion in January, down 6% from a year ago.

The association also said Turkey’s overall auto sales market grew 61% year-on-year to 45,230 vehicles in the month.

Top international automakers including Ford, Honda, Hyundai, Mercedes, Renault, and Toyota have factories in Turkey, one of the world’s top auto sale markets.

Anadolu Agency

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