A leading Turkish auto industry figure believes the sector will contract by 15-20% in the next 12 months on the back of falling demand and exports.
Official figures from the Automotive Industry Association (OSD) have yet to be released but general secretary Ercan Tezer said the country’s passenger and light commercial vehicle sales fell 17% last year.
Tezer told Reuters: “Production and exports can be expected to decline by 15-20% (in 2009). The total market can also be expected to fall 15%.”
In mid-2008 it was thought Turkish car production would reach 1.4m units after strong sales in the first five months.
But Tezer said: “Production will end the year below 1.2m units with the sharp slowdown of the last three months, while exports can be expected to fall to 880,000 units from 1m units.”

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