Auto production fell 3% in the first half



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The Automotive Industry Association (OSD) announced market prices for production and export figures from January-June 2018.

Therefore, the increase in the rate of change is due to slowdown signals observed in segments exported to export markets,

Total production decreased by 7 percent compared to the same period of the previous year in June and achieved as 131 thousand 194 units. total exports of 5 percent declined from Fell to 109 thousand 695 units in June, to reach 39 percent contraction in the domestic market.

compared with the same period in the first half of 2017 n of the year, the decline in total automobile production in Turkey 3 percent of 843 thousand 193 units, while the automotive production decreased by 7 percent to 557 thousand 269 units. The total market in the first 6 months of last year decreased by 11%, 366 thousand 487 units, while the automotive market decreased by 10% and 275 thousand 870 units

The automotive industry in the first half of the sharp decline in commercial vehicle exports it was. Commercial vehicle exports increased by 8 per cent in the first half of the year, partly offsetting the loss of production in the domestic market

– The light commercial vehicle market decreased by 19 per cent [19659002]
The commercial vehicle group, which started with good performance, increased its total production by 7% in the first half compared to the same period of the previous year. During this period, the production of light commercial vehicles increased by 5% and the production of heavy commercial vehicles by 31%

. However, the contraction in the commercial vehicle market reached 16% in January-June 2017. While the market for light commercial vehicles decreased by 19%, the market for heavy commercial vehicles increased by 6%.

Total exports was 688,000 81

In the first half, while exports fell 4% on a quarterly basis, auto exports 9 percent.

Between January and June, total exports of motor vehicles increased by 15% in dollars and 3% in euros due to the change in the number of currencies in the automotive sector between January and June, while 688,000 car exports were recorded. While total auto exports were realized at $ 16.8 billion during this period, auto exports grew 7% to $ 6.6 billion.

OSD Chairman Haydar Yenigün, who evaluates the data, used the following phrases:

"The slowdown that began in recent months took another dimension in June. must consider the perception of the tax as a "tax that will be levied on a growing market" rather than "per vehicle", while vehicle prices have risen and that interest rates of credit have too high priority axis in the call for tenders must be in domestic vehicles produced in Turkey.low interest loans made possible to obtain housing must apply for the automobile.

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