In the March data shared by ODD, the decline in the automobile side draws attention.
Automotive Distributors Association “March 2022” was included in the data shared periodically by In the March picture, where there were more serious regressions compared to the February period, blood losses in both the first quarter and the month draw attention. When we look at the data, it is seen that the automobile and light commercial vehicle market decreased by 23.5 percent in the January-March period of 2022 and amounted to 152,050 units. When we look at the table with an automobile focus, it is noteworthy that there is a very serious decrease of 34.3 percent, especially individually.
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Automotive market contracted by 33.4 in March
According to ODD data, the automobile and light commercial vehicle market has decreased by 33.4 percent in March 2022. In this table, besides the 34.3 percent decrease in the ptomobile market, we see a 29.8 percent decline in the light commercial vehicle market. The first quarter-based “January-March” period table of automobile sales is recorded as 116,834 units, with a decrease of 25.3 percent compared to the previous year. On the other hand, the light commercial vehicle market decreased by 16.5% to 35,216 units. There are also regressions in the 10-year large-scale average-based evaluation of the table. In this context, the automobile and light commercial vehicle market has decreased by 7.3% compared to the 10-year average sales in March. While the automobile market decreased by 5.8 percent according to the average sales in March for 10 years, the light commercial vehicle market is on the decline curve of 12.2 percent compared to the average sales for March for 10 years.