January-April data announced for the Turkish automotive industry

January April data announced for the Turkish automotive industry


In the new period data shared by the Automotive Industry Association, the decline in the general market has approached 20 percent.

Automotive Industry Association, production and export numbers and market data for the January-April period. explained. According to the table, total automotive production in the first four months of the year decreased by 9 percent compared to the same period of the previous year and amounted to 409 thousand 903 units. In the same table, it is noteworthy that automobile production decreased by 20 percent to 229 thousand 200 units. According to the data, together with the tractor production, the total production is recorded as 426 thousand 617 units. During this period, the capacity utilization rate of the automotive industry was 64 percent. On the basis of vehicle group, the capacity utilization rates were 63 percent in light vehicles (cars + light commercial vehicles), 90 percent in the truck group, 28 percent in the bus-midibus group, and 63 percent in the tractor.

The total automotive market is on an 18 percent regression curve

In the January-April period, the total market decreased by 18 percent compared to the previous year and amounted to 222 thousand 574 units. In this period, the automobile market contracted by 21 percent and reached 162 thousand 398 units. Considering the averages of the last 10 years, in the January-April 2021 period, the total market increased by 1 percent, the automobile market by 1 percent, and the heavy commercial vehicle market by 4 percent, while the light commercial vehicle market was at a parallel level. In this period, the share of domestic vehicles in automobile sales was 38 percent, while the share of domestic vehicles in the light commercial vehicle market was 59 percent.

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In the January-April period, commercial vehicle production stands out with an increase of 11 percent compared to the same period of the previous year. In this period, while production in the heavy commercial vehicle group increased by 22 percent, the production in the light commercial vehicle group increased by 10 percent. In the same period, the production of commercial vehicles carrying cargo and passengers was 180,703 and tractor production was 16,714. Looking at the market, the commercial vehicle market decreased by 9 percent, the light commercial vehicle market by 10 percent and the heavy commercial vehicle market by 5 percent in the January-April period compared to the same period of the previous year.

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