Türkİye, Economy

Türkiye's automotive output rises 13.2% in H1

Turkish automakers manufactured more than 735,000 vehicles in January-June, shows sectoral group's report

Tuba Ongun  | 17.07.2023 - Update : 17.07.2023
Türkiye's automotive output rises 13.2% in H1

ANKARA

Türkiye's overall automotive production increased 13.2% year-on-year in the first half of 2023, a sectoral group said on Monday.

Automakers in Türkiye manufactured 735,231 vehicles in January-June, including automobiles and commercial vehicles, showed a report by the Automotive Manufacturers Association (OSD).

Automotive exports grew 8.3% during the same period, reaching 505,926 units.

Türkiye reaped $17.7 billion from vehicle exports in the six-month period, up 14.6% from the last year.

The country's overall auto sales market expanded 54.7% from the prior year to 581,109 units, the report said.

Passenger car production soared 20.7% annually to 462,401 units from January to June.

Top international automakers – including Ford, Honda, Hyundai, Mercedes, Renault, and Toyota – have factories in Türkiye, one of the world's main auto sales markets.

In June, 118,898 vehicles were manufactured in Türkiye, marking an annual decline of 12.2%.

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