Automotive production reaches 415,000 in January-April

The country’s automotive production, including light commercial vehicles, tractors, and automobiles, totaled 415,187 million units in January-April, according to the Automotive Manufacturers Association (OSD).

The total production surged 28%, compared to the same period of the previous year.

Passenger car production also increased by 18% to 288,211 in January-April.

The capacity utilization rate in the sector was 69% from January to April.

On the sales side, the auto market, including light trucks and other vehicles, expanded 23% compared to the same period last year, reaching 204,839 units in the first four months of this year.

Automotive industry exports rose by 6% to USD 10.3bn during the same period.

The sector exported 212,056 vehicles during the four-month period.

According to Turkish Exporters’ Assembly (TIM), automotive industry topped the exports chart in the January-April period, taking a 15% share.

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