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Car production down in Turkey in 2018

Business Materials 14 January 2019 16:36 (UTC +04:00)

Baku, Azerbaijan, Jan. 14

By Rufiz Hafizoglu – Trend:

Turkey produced 1.5 million cars in 2018, down 9 percent compared to 2017, Trend reports citing Turkish Automobile Industry Association.

Turkey’s car market in 2018 also declined by 33 percent compared to 2017.

“In 2018, 486,300 cars were sold in Turkey,” the Association reports.

Turkey ranks sixth for car manufacture in Europe. The country assembles cars of Ford, FIAT, Renault, Toyota, Honda, Opel, Hyundai, Mercedes-Benz and MAN brands. In addition, buses of local brands – BMC, Temsa and Otokar – are produced in Turkey.

Also, Anadolu Grubu, BMC, Kiraca Holding, Turkcell and Zorlu Holding will take part in creation of a domestic car.

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Follow the author on Twitter: @rhafizoglu

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