Automotive Exports – May 2017

Monthly automotive aftermarket magazine
Total Automotive Production
Hit Historical High
The total automotive production hit its historical high together with tractor
the production reached 436,513 units in the first three months this year
ın the first quarter this year, the
total automotive production
raised 23 percent, automobile
production 44 percent. The total
number of production became 424
thousand units, as for automobile
production 300 thousand units.
The commercial vehicle production
including passenger and freight
vehicles decreased 10% and tractor
production decreased 12 percent
to 12,294 units in January-March
2017 over the same period last
year, according to the report from
Turkish Automotive Manufacturers
Association (OSD).
The total automotive production
together with tractor reached
436,513 units in the first three
months this year. When data
between the years 2007-2017
compared, the automobile
production has reached highest
level in this period.
The total market constricted some
8 percent to 160 thousand units in
this period. The automobile market
shrank 9 percent to 116 thousand
units in the first three months. The
imported automobile market share
became 69 percent in this period.
The heavy commercial vehicle
market decreased 19% to 3,778
units, truck market 19% to 3,141
units, midibus market 21% to 397
units and bus market 28% to 240
units respectively in the first quarter
this year.
In terms of last decade on average,
the total market surged 13 percent,
the automobile market 23 percent
and light commercial vehicle
market 1 percent; meanwhile the
heavy commercial vehicle market
plunged 50 percent.
In the commercial vehicle group,
while the production decreased
10% and 12% in the light commercial
vehicle; in the heavy commercial
vehicle group the production
surged 34% in the first quarter
2017. This change in the heavy
commercial vehicle stemmed from
base effect. The commercial vehicle
market decreased 3%, the light
commercial vehicle group 1%, the
heavy commercial vehicle group
19% respectively in this period over
the same period last year.
In the first three months this year,
while the total automotive exports
increased 33% based on unit, the
automobile exports surged 60%.
The total vehicle exports became
355 thousand units, automobile
exports 255 thousand units.
The total automotive exports
boosted 25% based on dollar,
30% based on euro. In this period,
while the total automotive exports
realized as $7,085 billion, the
automobile exports rose 89% to
worth $3 billion. Based on euro,
the automobile exports became 2,8
billion. In this period, 84 percent
of 355 thousand vehicles were
exported, of these 255 thousand
units consisted of automobiles.
The tractor exports decreased 14%
to 3,283 units in this period. The
automotive exports kept its atop
place with 19 percent in the overall
Turkey’s exports, according to the
Turkish Exporters Assembly (TIM).
16 MAY 2017