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Rays of recovery - Turkish auto sale rises in November

According to the Turkish Automotive Manufacturers Association, in November motor vehicle sales in Turkey totaled 29,199 units increasing by 3.7% compared to the same month of the previous year and up 32% MoM. In the month in question, the country's passenger car sales amounted to 17,781 units increasing by 3.4% YoY and up 28.59% MoM.

In November, Turkey's motor vehicle exports totaled 57,180 units, rising by 22.4% YoY but down 16.35% over October. The revenue generated by motor vehicle exports surged by 18.7% compared to November 2008, to USD 1.35 billion. In November of 2009, Turkey imported 16,488 motor vehicles slightly down by just 0.2% YoY.

As Steel Orbis previously reported, Turkey's motor vehicle output in November totaled 76,694 units increasing by 29.8%YoY but down by 7.76% over the month of October.

In the first 11 months of 2009, the country's total motor vehicle sales increased by 0.5% to 484,476 units, its motor vehicle exports declined by 35.8% to 560,824 units while motor vehicle imports fell by 4.5% to 267,556 units, all compared to the corresponding period of 2008.

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