Automobile market shrinks in Turkey

Automobile market shrunk one-fourth in first quarter of 2014.

Automobile market shrinks in Turkey

World Bulletin / News Desk

Combined sales of automobile and light commercial vehicles in Turkey declined 24.46 percent in first quarter of the year compared to the same period last year, Automotive Distribution Association (ODD) said on Thursday.

In a report released through its website, the association announced their combined sales of automobile and commercial vechicles realizing 115,272 during the first quarter of 2014, whereas in the same period last year,152.604 vehicles were sold in Turkey - a 24.46 percent decrease year on year.

114,434 cars sold in the first quarter of last year, declined to 89,347 - a 21.92 percent decrease. 38,170 light commercial vehicles sold in 2013 dropped to 25,925 with a 32.08 percent fall.

Last Mod: 03 Nisan 2014, 12:40
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