Turkey: Car sales slump in 2019: 22.8% YoY

Turkey: Car sales slump in 2019: 22.8% YoY

Istanbul

January 28, 2020

The Turkish Automobile Sales Association (ODD) has announced its domestic car sales (retail) for January 3, 2019.

Passenger cars: 387,256 units, down 20.4% year-on-year
Light commercial vehicles: 91,804 units, down 31.8% year-on-year,
Overall sales: 479,060 units, down 22.8% year-on-year.
Sales volume has been halved compared to 2016, indicating a slump in sales over the last three years.

Passenger car sales:

Sedan: 49.9% (193,082 units).
SUV: 25.4% market share (98,509 units),
Hatchback: 20.9% market share (8,0788 units)

Light commercial vehicles: sales share

Vans: 72.7% (66,704 vehicles)
Light trucks: 11.8% (1,0838 units),
Minibus: 7.8% (7,203 vehicles),
Pickup: 7.7% (7,059 units)

By manufacturer: Sales share (see Table 1)

Of the 42 companies that have sold in Turkey,

Fiat’s sales were up 8.8% year-on-year, making it the only brand to increase sales within the top 15 companies.

1st place: Fiat: 1st place in sales volume, 15.9% of the total (76,251 units)
2nd place: Renault fell 24.3% (64,977 units),
3rd place: Volkswagen down 27.4% (48,496 units)
4th place: Ford fell 28.0% (47,107 units).

Japanese company

Isuzu (down 58.7%, 925 units),
Mazda (58.5% decrease, 417 units),
Nissan (50.4%, 13,067 units) saw a large drop.

Automotive Industry Association (OSD):

Turkey’s car sales (shipments) in 2019 fell 23.3% to 49,909 units.

Domestic production decreased 12.1% and imports decreased 30.3%.

Number of registered cars:

Number of registered cars as of the end of November 2019 (23,177,769)

125.019.508 units (54.0%) are passenger cars.

-JETRO

https://www.jetro.go.jp/biznews/2020/01/160f3baea33c4202.html