...

Data on exports of Turkey's car industry disclosed

Türkiye Materials 12 February 2020 15:59 (UTC +04:00)
Data on exports of Turkey's car industry disclosed

BAKU, Azerbaijan, Feb. 12

By Rufiz Hafizoglu - Trend:

The monetary value of Turkey's car exports to the world market amounted to just over $2.4 billion in January 2020, having grown by 3.2 percent, compared to January 2019, Trend reports with reference to the Turkish Trade Ministry.

According to the ministry, car exports accounted for 16.38 percent of Turkey's total exports in January 2020.

The monetary value of Turkey's total car exports exceeded $30.6 billion in 2019, which accounted for 16.9 percent of the country's total exports.

Turkey ranks sixth in Europe on car production. Ford, Fiat, Renault, Toyota, Honda, Opel, Hyundai, Mercedes-Benz and MAN are assembled in Turkey. Turkey also manufactures local brands of buses such as BMC, Temsa and Otokar.

---

Follow the author on Twitter: @rhafizoglu

Tags:
Latest

Latest