In the bustling landscape of Turkey's motor vehicle industry, the latest statistics reveal a robust performance. November witnessed a surge in motor vehicle sales, reaching 119,529 units—an increase of 13.7% from October and a notable 38.2% growth compared to the same period last year. Passenger car sales soared by 54.4% year on year, contributing to the industry's overall upward trajectory. The January-November period showcased an impressive 58.7% surge in total motor vehicle sales, underscoring Turkey's increasing prominence in the global automotive market. On the export front, the nation shipped 926,223 units, showcasing a 5.7% YoY increase, with passenger car exports driving a notable 18.1% surge. Meanwhile, imports also surged, indicating the industry's resilience and adaptability in navigating the complex global trade landscape. Overall, Turkey's motor vehicle industry continues to demonstrate resilience and growth, cementing its position as a key player in the international automotive arena.
Total Motor Vehicle Sales:
· November 2023: 119,529 units (up 13.7% from October, up 38.2% YoY)
· January-November 2023: 1,119,300 units (up 58.7% YoY)
· November 2023: 91,424 units (up 54.4% YoY)
· January-November 2023: 926,223 units (up 5.7% YoY)
· Passenger car exports: 601,665 units (up 18.1% YoY)
· Small truck exports: 324,558 units (down 11.5% YoY)
· Export Revenues: $32.49 billion (up 14.7% YoY)
· Passenger car export revenues: $9.8 billion (up 23.5% YoY)
· November 2023: Total motor vehicle imports 77,164 units (up 18.5% MoM, up 53.6% YoY)
· Passenger car imports: 61,335 units (up 16.9% MoM, up 62.4% YoY)
· January-November 2023: Total motor vehicle imports 710,105 units (up 81.1% YoY)
· Passenger car imports: 565,845 units (up 80.9% YoY)
This breakdown can help the reader quickly grasp the significant figures and trends in the Turkish motor vehicle industry.