Turkey’s automotive market grows 44.6% in November: ODD
by ChemOrbis Editorial Team - content@chemorbis.com
Turkey’s passenger car and light commercial vehicle markets grew around 44.6% on the year in November, according to data from the Turkish Automotive Distributors Association (ODD). Total sales increased 44.57% to 122,309 units compared with 84,601 units in the same month of 2015.
Passenger car sales surged 53.51% to 95,783 vehicles from 62,397 in the last year while sales for light commercial vehicle rose 19.46% in November to 26,526 vehicles from 22,204 a year earlier.
Also, In the January-November period of the year Turkey’s passenger car and light commercial vehicle markets increased by 3.69% to 841,808 units when compared to 818,844 in the same period of last year. Passenger car sales of the first eleven months of 2016 increased 6.16% on the year to 648,894 units from 611,256,859 units recorded in the same period of 2015 while sales for light commercial vehicles in the January-November period declined by 3.83% year over year to 192,914 units from 200,588,384 vehicles in the same period of the previous year.
Passenger car sales surged 53.51% to 95,783 vehicles from 62,397 in the last year while sales for light commercial vehicle rose 19.46% in November to 26,526 vehicles from 22,204 a year earlier.
Also, In the January-November period of the year Turkey’s passenger car and light commercial vehicle markets increased by 3.69% to 841,808 units when compared to 818,844 in the same period of last year. Passenger car sales of the first eleven months of 2016 increased 6.16% on the year to 648,894 units from 611,256,859 units recorded in the same period of 2015 while sales for light commercial vehicles in the January-November period declined by 3.83% year over year to 192,914 units from 200,588,384 vehicles in the same period of the previous year.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- March hints at further hikes in European PP, PE markets
- India’s PVC market dips to new lows on Taiwan’s March cuts, players seek signs of bottom
- Q1 turnarounds uplift Mid-East PP, PE markets in February; will it spill over to March?
- SE Asia’s indefinite PE shutdowns: A market in crisis as demand woes threaten survival
- Türkiye’s PPH markets perform better than copolymers in February
- Margin recovery priorities outweigh supply imbalances in European PVC markets
- Asian PVC demand stagnant; recovery hopes shift to end of Q1
- Tough slog in S Korea’s petchem industry spells disappointing 2024 financial results; will government's recent plan help weather the storm?
- China’s PP, PE markets face post-holiday supply surge and tepid demand
- A tug-of-war unfolds in Türkiye as PVC demand struggles against rising costs
