Turkish motor vehicle output down 8.1 percent in January-November

Monday, 16 December 2024 14:58:57 (GMT+3)   |   Istanbul

In November this year, Turkey’s motor vehicle output totaled 117,377 units, down by 15.4 percent year on year and by 3.7 percent month on month, according to the monthly statistics released by the Turkish Automotive Manufacturers’ Association (OSD). In the January-November period of the year, Turkey’s motor vehicle output totaled 1,239,944 units, down by 8.1 percent year on year.

In the given month, passenger car output amounted to 80,058 units, down by 15.4 percent, while commercial vehicle output totaled 37,319 units, down by 10.7 percent, both on year-on-year basis. In the January-November period of the current year, passenger car output totaled 822,361 units, decreasing by 6.2 percent, and commercial vehicle production amounted to 417,583 units, decreasing by 11.7 percent, both compared to the same period of 2023.

The overall production capacity utilization rate of the Turkish automotive industry was 72.1 percent in November, while the rate was 69.6 percent for the first 11 months of the year.


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