According to the Turkish Automotive Manufacturers Association, in August this year motor vehicle sales in Turkey totaled 64,539 units rising significantly by 74% as compared to the same month of the previous year and unexpectedly up by 1.29% MoM despite the usual market contraction in the summer season.

In August, Turkey's passenger car sales amounted to 42,222 units, climbing by 87.3% YoY and up by 1.99% compared to July this year.

In the given month, Turkey's motor vehicle exports came to 36,685 units rising by 8.2% while its passenger car exports amounted to 18,718 units slightly up by 0.8% both on YoY basis. The revenue for these exports sales totaled USD 877.96 million for total motor vehicle exports down 5.7% including the revenue of passenger car exports registered as USD 252.45 million down 17.9% both compared to the same month last year.

In August this year, Turkey's motor vehicle imports increased by 91.6% YoY while its passenger car imports rose by 92.6% totaling 40,277 units and 31,359 units respectively.

(Sourced from Steel Orbis)