Automotive Industry Association (OSD), which follows Turkey’s automotive industry, shared data for the first quarter of 2024. According to OSD’s report, production, export and market figures increased in the January-March period compared to the same period last year. Here are the numbers.
Automotive exports worth $9.2 billion were made in the first quarter of 2024
The report prepared by the Automotive Industry Association; It was revealed that the total automotive production in our country increased by 3 percent compared to the previous year and reached 377 thousand 70 units. In this context, the automobile group, which had a production of 238 thousand 274 units, showed the highest increase by 7 percent. Total production including tractors to 390 thousand 925 units output.
In the first three months of the year, commercial vehicle production decreased by 4 percent. In addition, the decrease in light commercial vehicle group production was around 5 percent. On the contrary, the increase in heavy commercial vehicle production was 1 percent. During this period, the capacity utilization of the automotive industry reached 77 percent.
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According to OSD figures, total automotive exports grew by 1 percent in the first quarter of 2024 compared to the same period of the previous year. of total exports 256 thousand 511 pieces During this period, there was a 2 percent contraction in automobile exports. However, the increase rate in commercial vehicle exports was recorded as 5 percent.
It is possible to say that sales in Turkey have also increased. Sales in the automotive marketan increase of 24 percent compared to the previous year 307 thousand 461 pieces reached the level. The increase rate in automobiles was 33 percent.
In addition to OSD, according to Uludağ Exporters Association (UIB) data, total automotive exports grew by 5 percent in dollar terms and 3 percent in euro terms. Total export amount in the January-March period $9.2 billion It was recorded as .
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