The Turkish car market is continuing to show rapid growth with October sales posted at more than three times last year’s level.
Turkey’s car market is booming this year on the back of a strengthening economy and low interest rates.
The Turkish Automotive Distributors Association has said that January-October total automotive sales reached 538,582 units, up 22% on the same period of last year. October passenger car sales were put at 47,859 units, up 246.1% on last year.
October light commercial vehicle sales were 25,545 units, up 254.5% on last year.
MARKET SNAPSHOT: Turkey’s car market enjoys a boom
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By GlobalData