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Slowdown signs - Auto demand in Turkey declines further in June
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Thursday, 02 Sep 2010
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According to the statistics released by the Turkish Statistical Institute, in June this year new motor vehicle registrations in Turkey amounted to 67,389 units decreasing by 5.1% MoM and down 22.8% YoY. In May, new motor vehicle registrations had declined by 7.3% compared to the previous month.

New passenger car registrations in June totaled 33,784 units declining by 5.3% as compared to the previous month and down 24.1% YoY. Passenger cars accounted for 50.1% of total registrations. Small truck registrations, meanwhile, decreased by 18.4% MoM and were down 29.9% YoY amounting to 14,388 units. Small truck registrations constituted 21.4% of total registrations.

(Sourced from Steel Orbis)

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