Business

Turkish auto market grows 60% in Q1

Nearly 199,000 automobiles, light commercial vehicles sold in January-March, says industry group

Turkey’s car and light commercial vehicle (LCV) sales grew 60% year-on-year in the first quarter of this year, an industry group announced on Friday.

Passenger car and LCV sales reached 198,660 in January-March, the Automotive Distributors’ Association (ODD) said in a statement.

A total of 156,464 cars were sold in the first three months, up 57%, while LCV market grew by 70.3% with 42,196.

In March, the automotive market was nearly doubled up 92.8% compared to a year ago, reaching 96,428.

Passenger car sales hit 76,337 last month, rising 91.4% on an annual basis.

Source
AA

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