With the Presidential decision, which was published in the Official Gazette and entered into force in the past days, the SCT base of automobiles has been reduced. With the new regulation, while the vehicle market is moving; 1.6 engine displacement and below the prices of vehicles. Significant level drop expectation formed.
Automotive Industry Association published the automobile export and production data for 2021 in Turkey. According to the report covering January to December of 2021 2 percent of total production, automobile production compared to the same period of the previous year decreased by 8 percent.
New regulation in SCT: Car prices are falling!
In the Official Gazette, it was announced that the SCT rates were rearranged with the Presidential Decree, and therefore the car prices would change.
Automobile production reached 782 thousand
According to OSD data, total production decreased by 2 percent in the January-December period of 2021. 1 million 276 thousand 140 units it happened. Automobile production decreased by 8 percent. 782 thousand 835 units level took place. On the other hand, the total market in the same period compared to the previous year. decreased by 3 percent and 772 thousand 722 units was measured. The automobile market, on the other hand, decreased by 8 percent. 561 thousand 853 units it happened.
Automotive Industry Association, in the same period, in the commercial vehicle group production increased by 11 percent. stated. Production in heavy commercial vehicle group by 40 percent In the light commercial vehicle group, at the level of 9 percent rose. In addition, compared to the January-December period of 2020, the commercial vehicle market increased by 13 percent, the light commercial vehicle market by 8 percent, and the heavy commercial vehicle market by 51 percent.
Total automotive exports increased by 2 percent
Total automotive exports in Turkey in the January – December period of 2021 compared to the previous year 2 percent increase in units recorded has been reported. However, automobile exports decreased by 5 percent information shared. According to the Automotive Industry Association total exports 937 thousand 5 units, automobile exports 565 thousand 361 number it happened.
15% increase in exports in dollar terms
According to the same report, total automotive exports in the January – December period of 2021 15% plus in dollar terms. in euro terms 12 percent It increased. Total automotive exports in this period $29.9 Billion it happened. Automobile exports It decreased by 0.4 percent to 9.3 Billion Dollars. took place. Automobile exports decreased by 3 percent in euro terms. 7.9 Billion Euros it happened.
The best-selling cars in Turkey have been announced!
Based on the data of the Automotive Distributors Association ODD, the research revealed the best selling cars in Turkey.
So what do you guys think about this report? We are waiting your comments.