ANKARA: Trkiye's automotive production declined by 13.9% year-on-year in July, totaling 116,569 vehicles, according to a report from the Automotive Manufacturers Association (OSD) released on Monday. Production of passenger cars fell by 7.7% year-on-year to 81,434 units last month. Despite the decline in overall production, automotive exports, including cars and commercial vehicles, increased by 9.2% to 88,334 units. Trkiye earned $3 billion from vehicle exports in July, marking a 9.1% rise from the previous year. However, the domestic auto market contracted by 17.2% year-on-year, with total sales dropping to 97,430 units. Major international automakers such as Ford, Honda, Hyundai, Mercedes, Renault, and Toyota operate factories in Trkiye, a significant global auto market. From January to July, Trkiye's vehicle production decreased by 5% compared to the previous year, totaling 823,636 units. Passenger car production saw a slight decline of 2%, amounting to 542,177 units for the same period. Source: Ana dolu Agency
Trkiye’s automotive production drops 13.9% in July
News For
RECENT POSTS
Cyprus and UAE Foreign Ministers Discuss Regional Developments
October 22, 2026
Cyprus and UAE Foreign Ministers Discuss Regional Developments
October 22, 2026
Cyprus Experiences Varied Weather Across Regions
October 22, 2026
Cyprus Experiences Varied Weather Across Regions
October 22, 2026
Cyprus President Considers Additional Economic Support Measures
October 22, 2026
Cyprus President Considers Additional Economic Support Measures
October 22, 2026