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Car Production at Record High in Turkey

Output by Turkey’s auto industry jumped 22% to a record 266,500 units in January-February, according to the country’s Automotive Industry Assn. (OSD).

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Output by Turkey’s auto industry jumped 22% to a record 266,500 units in January-February, according to the country’s Automotive Industry Assn. (OSD).

Production for the two-month period was led by a 46% jump to 190,800 cars. Imports shrank 9% to 52,500 vehicles.

OSD says Turkey’s vehicle exports in January-February climbed 31% to 219,400 units. The total included a 60% surge to 158,500 cars, most of which were shipped to the European Union.

Gardner Business Media - Strategic Business Solutions