Domestic auto sales in Turkey up 16.1 percent

Domestic auto sales in Turkey was up 16.1 percent in the first seven months in 2010 over the same period last year, a Turkish association said.

Domestic auto sales in Turkey up 16.1 percent

 

Domestic auto sales in Turkey was up 16.1 percent in the first seven months in 2010 over the same period last year, a Turkish association of automotive makers said in a monthly report.

Sales reached 363 thousand with a significant rise in demand for cars and light commercial vehicles as monthly figures for July climbed as high as 111 percent.

Sales of cars and commercial vehicles in July increased 149 percent and 63 percent, respectively, as year-on-year figure for January-July 2010 was also up 10.1 percent over the same period last year due to reduction in Turkey's special consumption tax.

The rise in the purchase of commercial vehicles as investment goods was seen as reflecting an optimistic outlook for future despite a sharp decline in bus sales continued in Jan.-July period to mark a 36 percent annual decrease, the report said.

The report put the seven-month total export figure at 35 percent and rise in export of cars at 24 percent. Total production was up 31 percent and car production increased by 20 percent, the report said.

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Last Mod: 19 Ağustos 2010, 12:03
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