The Automotive Distributors Association, or ODD for short, published the June 2022 Automobile and Light Commercial Vehicle Market Evaluation report. Accordingly, the sales of commercial and passenger vehicles exceeded the average of the last 10 years in June.
ODD June report clarified the facts!
According to the data shared with the public in the ODD June report, passenger car sales increased by more than 4 percent compared to June last year. When we compare it with the pandemic period, there is an increase of up to 2 times. 15% above the overall average.
However, when we look at commercial vehicles in the same table, there is a decrease of 8 percent compared to the previous year and more than 15 percent compared to the 10-year average. This tells us that people are gravitating towards passenger cars, and that they are making purchases above the average for investment purposes as their prices are increasing day by day. Of course, let’s say that this is not a sustainable situation.
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When we look at the best-selling cars, we see that vehicles in the B and C segments are in greater demand, among which hatchbacks and SUVs are sold the most in the B segment, and sedans and SUVs are sold in the C segment.
In addition, when we compare the data with the previous year, we can say that the B segment entry models sold the most, and there was an explosion of 304.5 percent, up to 3 times. Because, while 764 units were sold in June 2021, we see that 3 thousand 90 units were sold this year.
Right behind are MPVs and SUVs. But the scissors are not that clear. However, when we look at the data, we see that C, D, E and F-limit SUVs are always negative, while B segment SUVs are on the rise by 30.3%. In fact, this is the general summary of the list. People have a general orientation towards the B segment, the most affordable versions of all types of vehicles.
Finally, in this period when we are witnessing the electric car transformation, the electric market in Turkey, which was 0.4 percent last year, doubled its share to 0.8 percent. If it goes with the current momentum, it can dominate one fourth of the market within 5 years.
What do you think about this subject? Don’t forget to share your views with us in the comments!