While the automobile industry production in Turkey increased by 5.4 percent last month compared to the same period in 2019, production reached 143,264 units, while 91,67 cars were produced in the same period.
The Turkish Automobile Industry Association (OSD) announced production and export figures and market data for the period January to November 2020.
Accordingly, total production decreased in 11 months of the year by 13 percent compared to the same period in 2019, and car production decreased by 14 percent, to 762 thousand 743 units.
With the production of tractors, the total production amounted to one million and 181 thousand and 360 units.
In the aforementioned period, exports decreased by 28 percent in terms of units compared to the same period of the previous year, reaching 821 thousand 900 units.
Car exports also decreased by 28% to reach 542,83 units.
The automobile sector, which exports $ 23.1 billion in an 11-month period, ranked first in the ranking of Turkish exports, with 15 percent of total exports.
While the Turkish automobile industry production increased in November by 5.4 percent compared to the same period of the previous year, it reached 143,264 units, while 91,67 cars were produced in the same period.
In addition, the 11-month capacity utilization rate in the automotive industry was 63 percent. On a vehicle group basis, capacity utilization rates were 64 percent in light vehicles (cars + light commercial vehicles), 44 percent in heavy trade and 48 percent in tractors.
Commercial vehicle production decreased by 12 percent
In the January-November period, commercial vehicle production contracted by 12 percent compared to the previous year, while production of heavy commercial vehicles increased by 3 percent. In the LCV group, there was a contraction of 13 percent.
During this period, the total commercial vehicle market increased by 92 percent, the light commercial vehicle market by 93 percent and the heavy commercial vehicle market by 87 percent compared to the same period last year.
Looking at the base effect, the commercial vehicle market was 29 percent behind in 2017 in the January-November period.
For the month of November alone, production of commercial vehicles carrying goods and passengers was 52,197 units, and the production of tractors was 4,609 units.
Turkish Auto Market
Total sales in the Turkish auto market increased in the period from January to November by 73 percent compared to the same period in 2019, to reach 688,180 units. In the same period, the auto market rose by 67 percent, at the level of 529,388 units.
Looking at averages for the past 10 years, the overall market decreased by 3 percent, the light commercial vehicle market by 18 percent, and the heavy commercial vehicle market by 36 percent in the January-November period.
On the other hand, the Turkish auto market was 5 percent higher than the 10-year averages due to demand in the domestic market.
In this period, the share of domestic vehicles in the automobile market was 40 percent, while the share of domestic vehicles in the light commercial vehicle market was 63 percent.
101,692 cars were exported in November
In the 11-month period, exports decreased by 28 percent in terms of units compared to the same period of the previous year, to 821 thousand 900 units.
Automobile exports decreased by 28 percent to reach 542,83 units, while tractor exports decreased by 17 percent compared to 2019, reaching 12,401 units.
Car exports, which amounted to 10 thousand and 613 in April 2020, when trade stopped in Europe due to the Coronavirus epidemic, reached 44 thousand and 406 in May, 70 thousand 809 in June, 78 thousand 242 in July, and 42 thousand 865 in August, 92 thousand 832 in September, 104 thousand 93 in October. And in November, 101 thousand 692 cars were exported.
Data from the Turkish Exporters Association (TIM), exports continued to rank at 15 percent of total car exports in the January-November period, maintaining their position on the waiting list.
The auto industry, which accounted for 16.8 percent of total exports in November, ranked top in the sectoral export ranking.
From January to November, compared to the same period of the previous year, total car exports decreased by 19 percent in dollars and 21 percent in euros.
During this period, auto exports totaled $ 23.1 billion, while auto exports decreased by 23 percent to $ 8.3 billion.
Euro car exports fell 24 percent to 7.3 billion euros. In the same period, major industry exports decreased by 23 percent and exports of the supply industry by 13 percent in dollars.