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Turkey increases car export by over 10%

Business Materials 9 January 2019 15:02 (UTC +04:00)

Baku, Azerbaijan, Jan.9

By Rufiz Hafizoglu – Trend:

In 2018 the export of the Turkish cars totaled $31.6 billion, the supply volume increased by 11 percent compared with the results of 2017, Trend reports via Turkish Automotive Industry Exporters' Association.

This figure is a record for the entire period of existence of the automotive industry in Turkey.

"In 2018 cars worth $24.6 billion were exported to the EU countries. The cars worth $4.75 billion were exported to Germany," said the association.

In 2019 Turkey plans to export cars worth $32 billion to the world market.

Turkey is the sixth largest car manufacturer in Europe. The country assembles cars Ford, FIAT, Renault, Toyota, Honda, Opel, Hyundai, Mercedes-Benz и MAN brands. In addition, local-made buses BMC, Temsa and Otokar are produced in Turkey.

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Follow the author on Twitter: @rhafizoglu

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