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How have the rumors of ‘SCT Will Lower’ affected the markets? Here’s a car market analysis from the expert

  • August 13, 2022
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That makes the car industry very happy. The dealers experience the “highest profitability”. Distributors sell almost any vehicle they carry. They even started writing to their clients over

That makes the car industry very happy. The dealers experience the “highest profitability”. Distributors sell almost any vehicle they carry. They even started writing to their clients over the next few months.

on social media “Is the excise duty falling?” like the frivolous rumors that a voice comes from every head on the other hand, it is not about consumers or car authorities at all. Those who want to buy a car give their money, wait their turn and take their car. In other words, no one has expectations about SCT. Such rumors on social media do not affect the markets at all.

In this process, Automotive Journalists Association, Automotive Manufacturers Association, TAYSAD senior executives and CEOs of key brands, who are among the most important associations and organizations of the industry, who gave their opinion in various press conferences, do not talk about SCT at all.

Even the general opinion “It’s not rational to talk about SCT reduction at a time when sales are so good” is described as. All senior executives in the automotive industry currently have one common language. They all agree on the topic “Mobilization of the domestic market”. They argue that this should be done regardless of the SCT reduction. The sales figures are the main indicator that consumers are not paying attention to the SCT rumours…

The best-selling car brands in July were announced:

While Fiat, Volkswagen and Ford were the brands with the highest sales in the Turkish car and light commercial vehicle market respectively, Fiat, Volkswagen and Renault stood out in car sales. According to data from the Automotive Distributors Association (ODD), sales of cars and light commercial vehicles increased last month compared to the same period in 2021. increased by 9.1 percent to 52 thousand 206 units. rose. In July, car sales rose 13 percent compared to the same month of the previous year to 41 thousand 31, while light commercial vehicle sales fell 3.1 percent to 11 thousand 175.

Top 5 brands in the total market

According to the information gathered from the ODD report, Fiat took first place with 13 thousand 680 units in total sales, including passenger cars and light commercial vehicles. This was followed by Volkswagen with 5 thousand 411 sales and Ford with 4 thousand 530 sales. Renault was fourth with 4,459 sales and Dacia was fifth with 3,566 sales.

The scorecard of car brands…

Fiat was the brand that sold the most cars in July, with 10,495. Volkswagen followed with 4,641 sales and Renault with 3,623 sales. Dacia is in fourth place with 3,566 sales, while Hyundai is in fifth place with 3,303 car sales.

Petrol cars in first place in 7-month sales

While petrol cars were the most sold in the Turkish car market in the 7-month period of this year, the share of diesel cars in second place continued to fall. In the Turkish car market, in the 7-month period of this year, gasoline-powered cars took the first place with sales of 226 thousand 43 units. Sales of diesel cars, on the other hand, maintained the second place with 54 thousand 654 units. While sales of hybrid cars were 30,417, sales of petrol cars were recorded as 5,667 and sales of electric cars as 2,532.

Electric share still low

The share of diesel cars in sales, which was 21.3 percent in January-July 2021, fell in the same period of this year to 17.1 percent. In the period mentioned, the share of petrol cars increased from 64.9 percent to 70.8 percent, while the share of gas cars fell from 4.8 percent to 1.8 percent. The share of electric cars in total sales rose from 0.3 percent to 0.8 percent and the share of hybrid cars from 8.6 percent to 9.5 percent. The data indicated that the share of electric and hybrid cars, which are also widespread in the world, is at a low level in the Turkish car market.

Source: Web Tekno

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