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Car production in Turkey up 48 percent: new cars will be easier to ‘find’

  • February 20, 2023
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Automotive Industry Association (OSD), in January 2023 produced and exported in Turkey announced the number of vehicles. Shared data shows that both car production and exports have increased

Automotive Industry Association (OSD), in January 2023 produced and exported in Turkey announced the number of vehicles. Shared data shows that both car production and exports have increased in Turkey. Well, this is the case for citizens who want to buy a car. how will it affect?

This is evident from the statements made by OSD in the past month 111 thousand 837 units motor vehicle (except tractor) was produced. That is 24 percent more than in the same period last year. In this process 70 thousand 723 cars were produced, which was 48 percent more than the previous year.

51 thousand 122 cars were exported

In January 2023, there was an improvement in export figures. In this context; 51 thousand 122 cars were exported. This export amount is higher than in the same period last year. was 46 percent more. According to OSD, total auto exports amounted to $2.8 billion, of which $874 million came from auto exports. According to this data, Turkey’s car exports are expressed in dollars increased by 23 percent.

So is it easy to find a car this year?

Owning a car in Turkey today is not easy for several reasons. COVID-19 has caused such problems that even if you find the money for a new car, you will face inventory issues, have to wait months or stop buying a new car. Agree Looking at the current numbers Has it become easier or not easier to find new cars in Turkey?

According to OSD’s January 2022 data, the number of cars produced in Turkey was recorded as 47,778. At that time, 34,999 of these cars, which is 73.25 percent, were exported, and 12,779 remained in Turkey. In January 2023, 72.28 percent of the 70,000 723 cars produced, that is 51,000 122, were exported. The number of abandoned cars in Turkey is increased to 19 thousand 601.

According to m-ODD data, about 37 thousand passenger cars were sold in Turkey in January. The increase in the number of produced and remaining cars in Turkey is about 7 thousand units compared to the previous year. Therefore, the increase in the number of produced and not exported vehicles in January 19 percentWe can say that it matches . This shows that finding new vehicles will be a little easier compared to last year, but there is still no increase in numbers to meet demand.

As the new car becomes easier to reach, the second hand can calm down!

The increase in the number of new vehicles in Turkey, the price increase in the sector, albeit a little will calm down. This situation will also affect the used car market in parallel. Used car prices as the number of new cars increases will fall.

Source: Web Tekno

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