Turkiye’s 2026 vehicle production outlook has weakened sharply, with passenger vehicle output driving a forecast revision from 5.0% growth to a 9.3% contraction. Softening demand, high import penetration and weaker export competitiveness are weighing heavily on passenger vehicle manufacturing. Commercial vehicles remain a bright spot, helping to cushion broader production weakness. Strong demand f…
This commentary is published by BMI, a Fitch Solutions company, and
is not a comment on Fitch Ratings Credit Ratings. Any comments or
data included in the report are solely derived from BMI and
independent sources. Fitch Ratings analysts do not share data or
information with BMI. Copyright © 2026 Fitch
Solutions Group Limited. All rights reserved. 30 North Colonnade,
London E14 5GN, UK.