Automotive Industry Association (OSD) announced the data for January 2022. In this context, in the first month of the year, total production decreased by 15 percent compared to the same month of the previous year, to 90 thousand 520 units, while automobile production decreased by 31 percent to 47 thousand 778 units. Together with the tractor production, the total production reached 94 thousand 114 units. Automotive exports, on the other hand, decreased by 2021 percent on unit basis compared to the same month of 13 and reached 67 thousand 799 units. Automobile exports decreased by 27 percent to 34 thousand 999 units.
Automotive Industry Association (OSD), which is the umbrella organization of the sector with its 13 largest members that steer the Turkish automotive industry, has announced the production and export numbers and market data for January 2022. In January, total production decreased by 15 percent compared to the same month of the previous year and amounted to 90 thousand 520 units, while automobile production decreased by 31 percent to 47 thousand 778 units. Together with the tractor production, the total production reached 94 thousand 114 units.
Light commercial vehicle production increased by 15 percent
In the first month of the year, commercial vehicle production increased by 14 percent compared to the same month of the previous year. While production in the heavy commercial vehicle group increased by 12 percent in January, the production in the light commercial vehicle group increased by 15 percent. During this period, the production of commercial vehicles carrying cargo and passengers was 42 thousand 742, and the production of tractors was 3 thousand 594. Looking at the market, compared to January 2021, the commercial vehicle market increased by 7 percent, the light commercial vehicle market increased by 9 percent, and the heavy commercial vehicle market decreased by 1 percent. Considering the base effect, the commercial vehicle market in January was at the level of 2017.
Market is above 10-year averages
In January, the total market decreased by 12 percent compared to the same period of the previous year and amounted to 39 thousand 692 units. In January, the automobile market decreased by 18 percent to 29 thousand 20 units. Looking at the averages of the last 10 years, in January 2022, the total market increased by 18 percent, the automobile market by 21 percent, the light commercial vehicle market by 12 percent, while the heavy commercial vehicle market decreased by 3 percent. In January, the share of domestic vehicles in the automobile market was 39 percent, while the share of domestic vehicles in the light commercial vehicle market was 66 percent.
Total exports decreased by 13 percent
Automotive exports in January decreased by 2021 percent on unit basis compared to the same month of 13 and amounted to 67 thousand 799 units. Automobile exports, on the other hand, decreased by 27 percent to 34 thousand 999 units. In the same period, tractor exports increased by 11 percent and were recorded as 371 units. According to the data of the Turkish Exporters Assembly (TIM), automotive industry exports maintained its first place with a 13 percent share in total exports in January.
2,2 billion dollars export was made
In January, compared to the same month of the previous year, total automotive exports decreased by 6 percent in dollar terms and increased by 1 percent in euro terms. In this period, total automotive exports amounted to 2,1 billion dollars, while automobile exports decreased by 22 percent to 623 million dollars. Automobile exports on a Euro basis decreased by 17 percent to 550 million Euros. In the same period, exports of the main industry decreased by 13 percent in dollar terms, while exports of the supply industry increased by 5 percent.
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