All OİB articles
Turkish exports bolster falling domestic sales
Turkey’s automotive industry had a mixed year in 2018. Sales in its domestic market for passenger vehicles and light commercial vehicles (LCVs) were down by 35%, according to the Automotive Distributors Association (ODD), at 621,000 compared to 956,000 in 2017.According to Turkey’s Automotive Manufacturers’ Association (OSD), production of passenger cars, ...
Turkey forecast to build on export gains
In a statement released by Turkey’s automotive export association – the OİB – chief executive Baran Çelik estimates that the Turkish automotive industry will export cars and components worth in excess of $32 billion in 2019. That is a slight increase on the $31.6 billion of products exported in 2018. ...