TURKEY: Sharp rise in February sales
Author: just-auto.com editorial team | 5 March 2010
Sales of passenger cars and light commercial vehicles in Turkey rose 43.4% year-on-year in February to 31,172 units, the Automotive Distributors' Association said on Friday.
Sales of passenger cars totaled 20,651 units while 10,521 light commercial vehicles were delivered.
Last year vehicle production fell 24% year on year to 869,953 units.
Recent reports have noted that Turkish demand for cars could fall 10% this year if the economic crisis persists, but that production should be stable. The country is an export base for a number of automakers including Renault, Fiat, Hyundai, Toyota and Ford.
Sectors: Emerging markets
Companies: Renault, Fiat, Hyundai, Toyota, Ford
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