{"id":261642,"date":"2025-11-04T18:50:12","date_gmt":"2025-11-04T18:50:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/261642\/"},"modified":"2025-11-04T18:50:12","modified_gmt":"2025-11-04T18:50:12","slug":"turkish-car-sales-top-1m-mark-in-first-10-months-of-year","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/261642\/","title":{"rendered":"Turkish car sales top 1M mark in first 10 months of year"},"content":{"rendered":"<p>Turkish car sales remained robust in October, jumping by nearly 20% compared to last year, data from the top sector association showed on Tuesday, while total sales in the first 10 months broke the 1 million mark.<\/p>\n<p>Sales of passenger cars and light commercial vehicles in T\u00fcrkiye rose 19.40% to 116,149 units in October year-over-year, the Automotive Distributors and Mobility Association (ODMD) said in a monthly report.<\/p>\n<p>Passenger car sales were up 19.87% to 90,695 vehicles, and light commercial vehicle sales increased 17.78% to 25,454 units.<\/p>\n<p>In the January-October period, sales of passenger cars and light commercial vehicles increased 10.2% on-year to 1.04 million units, the association also said.<\/p>\n<p>The latest data affirmed a long-standing trend in sales despite higher interest rates in recent years. Many Turks see cars and properties as a shield against soaring prices and both car and home sales remained growing this year, even as price pressures began to ease.<\/p>\n<p>The car market alone grew by 61.5% compared to the 10-year average October sales, according to the ODMD. At the same time, both electric and hybrid car sales continued to rise in the first 10 months of the year.<\/p>\n<p>The momentum in total sales, if maintained in the last two months of the year, could result in a new annual record, considering that both November and December sales come in around 100,000 units.<\/p>\n<p>Total passenger and light vehicle sales<a href=\"https:\/\/www.dailysabah.com\/business\/automotive\/new-dynamics-expected-in-2024-after-record-2023-turkish-auto-sales\" rel=\"nofollow noopener\" target=\"_blank\"> topped 1.2 million units<\/a> in both 2023 and 2024.<\/p>\n<p>EV, hybrid sales<\/p>\n<p>In October, electric vehicle sales jumped 63.1% year-over-year to over 14,500 units. Fully electric sales soared 73% to 14,427 units, while extended range ones dropped significantly compared to the same period last year.<\/p>\n<p>Hybrid sales also advanced 34.6% yearly to 21,555 units.<\/p>\n<p>Electric cars held a 16% share in the market and hybrids accounted for 23.8%. Therefore, the data suggested that electric and hybrid cars held a nearly 40% market share in October.<\/p>\n<p>Looking at 10-month data, the steady rise of electric and hybrid vehicles in the Turkish market was even more visible.<\/p>\n<p>EV sales, when including fully electric and extended range, soared 112.6% compared to the same period last year to 148,304 units. Hybrid sales rose 73% over the same period to nearly 220,000 units.<\/p>\n<p>Turkish domestic EV maker, Togg, sold 4,155 units in October, the data revealed. After temporarily halting sales in the country, Tesla posted no sales last month.<\/p>\n<p>On the other hand, the cumulative 10-month data suggested that fierce rivalry in the domestic electric market persists.<\/p>\n<p>Accordingly, the sales difference between Elon Musk&#8217;s Tesla and the domestically produced Togg is only 60 units.<\/p>\n<p>Tesla became the second-best-selling electric car brand with 27,420 units sold in 2025 so far.<\/p>\n<p>Togg, meanwhile, took the top spot with a total of 27,480 units sold.<\/p>\n<p>                    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/07\/JN9LXf.png\" alt=\"\"\/><\/p>\n<p>&#13;<br \/>\n                    The Daily Sabah Newsletter&#13;\n                <\/p>\n<p>&#13;<br \/>\n                    Keep up to date with what\u2019s happening in Turkey,&#13;<br \/>\n                    it\u2019s region and the world.&#13;\n                <\/p>\n<p>&#13;<br \/>\n                    &#13;<br \/>\n                    SIGN ME UP&#13;\n                <\/p>\n<p>&#13;<br \/>\n                    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy.&#13;<br \/>\n                    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.&#13;\n                <\/p>\n","protected":false},"excerpt":{"rendered":"Turkish car sales remained robust in October, jumping by nearly 20% compared to last year, data from the&hellip;\n","protected":false},"author":2,"featured_media":261643,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[40904,45,49,48,74985,46,121241,121242,12533],"class_list":{"0":"post-261642","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-automotive-market","9":"tag-business","10":"tag-ca","11":"tag-canada","12":"tag-car-sales","13":"tag-economy","14":"tag-ev-sales","15":"tag-turkish-auto-market","16":"tag-turkiye"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/261642","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=261642"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/261642\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/261643"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=261642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=261642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=261642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}