Automotive Production and Exports Increased in the First 9 Months of the Year

Automotive Production and Export Increased in the First Month of the Year
Automotive Production and Exports Increased in the First 9 Months of the Year

Automotive Industry Association (OSD) announced January-September data. In the first 9 months of the year, total production increased by 4 percent compared to the same period of the previous year and amounted to 962 thousand 18 units. Automobile production, which followed a parallel course compared to the first 9 months of the previous year, amounted to 571 thousand 6 units. Together with the tractor production, the total production reached 996 thousand 926 units. In the commercial vehicle group, production increased by 2022 percent in the January-September period of 12, by 33 percent in the heavy commercial vehicle group and by 10 percent in the light commercial vehicle group. Compared to the January-September period of 2021, the commercial vehicle market increased by 2 percent, while the heavy commercial vehicle market increased by 22 percent, while the light commercial vehicle market decreased by 2 percent. Compared to the same period of the previous year, total automotive exports increased by 2 percent in the January-September period, while automobile exports decreased by 1 percent. In this period, total exports amounted to 687 thousand 966 units, while automobile exports amounted to 396 thousand 604 units. In the January-September period, the total market decreased by 6 percent compared to the previous year and amounted to 549 thousand 630 units. In this period, the automobile market contracted by 8 percent to 399 thousand 224 units.

Automotive Industry Association (OSD), which is the umbrella organization of the sector with its 13 members that steer the Turkish automotive industry, has announced the production and export numbers and market data for the January-September period. Accordingly, in the first nine months of the year, total automotive production increased by 4 percent compared to the same period of the previous year and reached 962 thousand 18, while automobile production was 571 thousand 6 units, following a parallel course. Together with the tractor production, the total production amounted to 996 thousand 926 units. In the January-September period, commercial vehicle production increased by 12 percent compared to the same period of the previous year. In this period, while the production in the heavy commercial vehicle group increased by 33 percent, the production in the light commercial vehicle group increased by 10 percent. During this period, the capacity utilization rate of the automotive industry was 66 percent. On the basis of vehicle group, the capacity utilization rates were 66 percent in light vehicles (cars + light commercial vehicles), 85 percent in the truck group, 36 percent in the bus-midibus group, and 62 percent in the tractor.

Automotive exports increased by 2021 percent compared to 5 and reached 22,6 billion dollars!

In the January-September period, automotive exports increased by 2 percent on unit basis compared to the same period of the previous year and amounted to 687 thousand 966 units. In this period, automobile exports decreased by 1 percent compared to the same period of the previous year, while commercial vehicle exports increased by 8 percent. Tractor exports, on the other hand, increased by 2021 percent compared to 11 and amounted to 13 units. According to the data of the Turkish Exporters Assembly, total automotive industry exports ranked second in the sectoral export ranking with a 331 percent share in the January-September 2022 period. According to Uludag Exporters' Association (UIB) data, total automotive exports in the January-September period increased by 12 percent compared to 2021 and reached 5 billion dollars. In euro terms, it increased by 22,6 percent to 18 billion euros. In this period, exports of the main industry increased by 21,3 percent in dollar terms, and exports of the supply industry increased by 2 percent.

The total market amounted to 549 thousand 630 units.

In the first nine months of the year, the total market contracted by 6 percent compared to the previous year and amounted to 549 thousand 630 units. In this period, the automobile market shrank by 8 percent and became 399 thousand 244 units. Looking at the commercial vehicle market, the total commercial vehicle market increased by 2 percent, the heavy commercial vehicle market by 22 percent, and the light commercial vehicle market decreased by 2 percent in the January-September period compared to the same period of the previous year. grew up. In the January-September period of 2022, compared to the same period of the previous year, sales of imported light commercial vehicles decreased by 14 percent, while domestic light commercial vehicles increased by 9 percent. In this period, the share of domestic vehicles in automobile sales was 39 percent, and the share of domestic vehicles in the light commercial vehicle market was 59 percent.

Related Ads

Be the first to comment

your comment