What is the latest situation in the automotive market? Here are the numbers

Car The challenges in the industry are endless. Pandemic While the effects of the chip crisis, which started in the period of time and came to the point of halting production, continued, the magnesium shortage that emerged negatively affected the sector. So what’s the latest?

Automotive Industry Association (OSD) revealed what the production situation was in the period of January-October 2021. Despite the many troubles experienced during the pandemic period, the automotive industry remains stable. Here are the details…

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2021 has benefited the automotive industry

OSDAccording to the ‘s report, while total production increased by 3 percent in the January-October period of 2021, automobile production decreased by 5 percent compared to the same period of the previous year. In this period, total production was 1 million 29 thousand 733 units, while automobile production was at the level of 635 thousand 745 units.

In this period, the total market compared to the same period of the previous year 6 percent increased to 642 thousand 110 units. In this period, the automobile market 2 percent increased by a rate of 475 thousand 312 units. Production in the commercial vehicle group 18 percent increased in the heavy commercial vehicle group. 37 percent percent in the light commercial vehicle group 17 percent rate increased.

commercial vehicle market 19 percent, light commercial vehicle market 13 percent and heavy commercial vehicle market 66 percent It increased. When compared with the same period of the previous year, total automotive exports are on the basis of units. 5 percent increased, while automobile exports 5 percent rate decreased. In this period, total exports amounted to 758 thousand 702 units, while automobile exports amounted to 455 thousand 661 units.

Total automotive exports on dollar basis 19 percent, in Euro terms compared to the same period of the previous year 14 percent It increased. In this period, total automotive exports amounted to $24.3 Billion, while automobile exports 3 percent increased to $7.5 billion. Automobile exports in euro 2 percent decreased to 6.3 Billion €.

So what do you think about this subject? Despite the increasing problems recently, is the automotive sector successful? You can share your views with us in the comments section.

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