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Foundry Daily News

28. February 2012

Turkey new motor vehicle registrations up by 28pct in 2011

According to the statistics released by the Turkish Statistical Institute, in December 2011 new motor vehicle registrations in Turkey amounted to 72,211 units decreasing by 15.1% MoM and down 23.1% YoY. In November new registrations decreased by 6.2% MoM and by 4.4% YoY.

New passenger car registrations in December totaled 39,451 units, decreasing by 14.5% as compared to the previous month and down 22.4% YoY. Passenger cars accounted for 54.6% of total registrations.

Small truck registrations in December, on the other hand decreased by 20.3% MoM and were down 30.7% YoY amounting to 14,204 units. Small truck registrations constituted 19.7% of total registrations.

In the whole of 2011, new motor vehicle registrations in Turkey amounted to 1,192,726 units with 28.2% increase compared to 2010.

Sourced from Steel Orbis

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