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<\/p>\nT\u00fcrkiye’s automotive production was broadly flat in September, while total output in the first nine months of the year rose 3.1% from a year earlier, industry data showed on Monday.<\/p>\n
Exports rose 5.6% year-over-year to 769,625 vehicles from January through September, the Automotive Manufacturers Association (OSD) said.<\/p>\n
Production of passenger cars, light commercial vehicles and heavy trucks stood at 123,293 units last month, down 0.1% from a year ago. Passenger car output fell 14.7% to 72,971 units in the same period.<\/p>\n
From January to September, total vehicle production rose 3.1% to 1.03 million units, while passenger car output declined 3% to 637,450 units, remaining broadly in line with levels of the past two years.<\/p>\n
By segment, production of commercial vehicles rose 15%, with light commercial vehicles up 17%, while heavy commercial vehicle output fell 4%. The industry’s overall capacity utilization rate stood at 65% in the first nine months.<\/p>\n
Utilization rates were 66% for light vehicles (passenger cars and light commercial), 55% for trucks, 65% for buses and midibuses and 39% for tractors.<\/p>\n
Including parts and components, total automotive exports value increased 11.3% to $29.7 billion in the first nine months, according to OSD data.<\/p>\n
While passenger car exports fell 7%, commercial vehicle exports surged 28%. Tractor exports, however, dropped 25% to 8,336 units.<\/p>\n
According to the Turkish Exporters Assembly (TIM), automotive remained T\u00fcrkiye’s top export sector in the period, accounting for 17.4% of total shipments.<\/p>\n
Data from the Uluda\u011f Automotive Industry Exporters’ Association (OIB) showed that total automotive exports reached $29.7 billion. Passenger car exports rose 8% in value terms to $8.4 billion, while exports by main manufacturers grew 15% and those by parts suppliers increased 7%.<\/p>\n
On the domestic side, total vehicle sales rose 9% year-over-year to 958,847 units in the first nine months. Passenger car sales climbed 10% to 742,687, while total commercial vehicle sales grew 4%. Light commercial vehicle sales were up 6%, but heavy commercial sales fell 7%.<\/p>\n
Locally produced vehicles accounted for 29% of passenger car sales and 21% of light commercial vehicle sales in the same period, OSD said.<\/p>\n
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