Turkey: Auto production up 4 pct in March

ANKARA

Turkish auto production rose 4 percent year-on-year in March, the Automotive Industrialists’ Association (OSD) said in a statement on Friday.

The OSD said the country's automobile producers manufactured nearly 128,000 vehicles – including automobiles, light commercial vehicles, and tractors – in March, an increase of 4 percent compare with 123,119 vehicles in March 2015.

The association data shows that the sector's exports rose 10 percent to 98,800 in the month compared to the same month last year.

Auto production in the first three months of the year was also up 3 percent to 346,000. The OSD said that production this January-March was the highest since 2006.

The export value in the first three month of 2016 was $5.65 billion, a rise of 6 percent compared to the same period last year.