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.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Stats: Türkiye’s Q3 polymer imports down 9.5% year over year
- India's ADD proposal continues to echo through PVC markets: World’s largest buyer reshapes global trade
- Stats: Türkiye’s cumulative polymer imports hit 3-year low in Jan-Sept
- PP, PE markets torn between firmer monomers and poor dynamics in Europe
- Peak season closes with modest PP, PE gains in China, except for LDPE’s strong stand
- India finally announces ADD on S-PVC imports: What’s in store for subject countries?
- Turkish PE players hunt for signs of a market bottom amid pending Nov offers
- Freight rates rise after prolonged slump; is this rebound here to say or just a dead cat bounce?
- India’s PVC price range narrows as low-end Chinese offers fade amid ADD speculation
- Slump deepens in European plastics recycling industry
