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01 Oct
15:35

Slumping car demand curbs Turkish automotive output

Turkish automotive production slumped -34% on-year in August to 71,458 units, driven by a -42% drop in passenger car output to 29,289 vehicles, Kallanish learns from the Turkish Automotive Manufacturers' Association (OSD). Commercial vehicle output fell -15% to 17,886 units. Demand for Turkish cars slumped further in August, with passenger car exports dropping -32% to 30,528 vehicles, while local sales halved to 26,976 units. Overall automotive imports …
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