Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Turkey’s new passenger car and light commercial vehicle sales in September increased by 115.8pc to 90,619 units from the year prior, according to a report by the Automotive Distributors Association (ODD). The association said that Turkey has surpassed the highest September sales in automotive history this year.

 

New passenger car sales in September stood at 71,296 units, up by 101.9pc, while new LCV sales grew by 189.1pc to 19,323 units from the same month last year.

 

In the Jan-Sep period, the car and LCV sales rose by 75.5pc to 493,621 units as compared to the prior-year period.

 

New passenger car sales in the Jan-Sep period stood at 388,690 units, up by 70pc, while new LCV sales grew significantly by 99.2pc to 104,931 units from the prior-year period.

 

The association said that the demand for cars is increasing despite COVID-19 pandemic and hike in taxes on most imported cars in August. The association has revised its year-end sales forecast this year to 700,000-750,000 units due to the upward trend in the last few months and performance in September.

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