Turkey’s automakers have produced 415,454 vehicles including cars, tractors and other light commercial vehicles in January-May. The figures were dropped 35% year-on-year due to the Coronavirus global pandemic. 80% of these manufactured vehicles were shipped overseas, highlighting the decline of 38% year-on-year in the number of 331,391 units, in reason of many export markets are still on economic contraction and pandemic lockdowns. These exports totalled $9 billion, decreased by 33% year-on-year, but overall auto markets record growth to 189,188 vehicles, around 20% in the month of January-May.
Numerous international automakers have factories in Turkey, as one of the world’s top automotive sales markets. The brands include Mercedes, Renault, Honda, Toyota, Hyundai and Ford. The country’s automotive production boosted in May after lockdown measure was eased and factories reopened. Throughout the month the country has produced 63,145 vehicles, increasing 11,164 from April.
