Turkey's auto production sets new record in Nov
by ChemOrbis Editorial Team - content@chemorbis.com
According to data released by Turkey’s Automotive Manufacturers’ Association (OSD), total production in the Turkish automotive sector set a new record high, surging by 16% to 1,543,587 units in January-November period of 2017 when compared to the same period of 2016.
The country’s automotive exports also rose 19% to 1,215,977 units during the first eleven months of the year compared with the same period of last year.
Turkey’s automobile production in the January-November period of 2017 increased by 24% to reach 1,047,846 compared to the same period of 2016. The country’s automobile exports were also up by 28% on a yearly basis to 844,061.
Meanwhile, the data revealed that the total automotive market shrank by 3% to 840,000 units in January-November period while the automobile market declined by 4% to 623,000 units.
The country’s automotive exports also rose 19% to 1,215,977 units during the first eleven months of the year compared with the same period of last year.
Turkey’s automobile production in the January-November period of 2017 increased by 24% to reach 1,047,846 compared to the same period of 2016. The country’s automobile exports were also up by 28% on a yearly basis to 844,061.
Meanwhile, the data revealed that the total automotive market shrank by 3% to 840,000 units in January-November period while the automobile market declined by 4% to 623,000 units.
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