Turks Produce More Cars
Turks Produce More Cars

Turks Produce More Cars

Turks Produce More Cars

Turkish automotive production increased by 23% year-on-year, producing 157,729 vehicles in March according to data provided by the Ankara's Automotive Manufacturers Association.  Production in the first three months of the year also increased by 23% y/y with a total of 424,219 units created. Turkish auto production remains healthy despite a slowing of the economy and the political fallout of the attempted coup d'etat against President Erdogan in 2016, Metal Bulletin reported on April 13. Despite the issue with the two EU members, Turkish automotive exports increased 38% y/y to 135,965 units in March, with the EU remaining the biggest export market for Turkish-made products. Vehicle output is expected to rise by 11% in 2017 to 1.65 million vehicles making it the biggest vehicle manufacturer in the Middle East region in the first quarter.

Short URL : https://goo.gl/DbiKGZ
  1. https://goo.gl/zwbLXp
  • https://goo.gl/DjngYh
  • https://goo.gl/BC4VjQ
  • https://goo.gl/i5eHbf
  • https://goo.gl/p4eLpL

You can also read ...

BMW’s Tech-Stuffed Concept SUV Heralds Fancy, Electric Future
Changing notions of what customers want from cars have pushed...
Oil & Gas Sector Most Conducive for Business
The research arm of Iran’s Parliament has conducted a first-of...
Tesla Hits New Speed Bump
Tesla Inc’s Chief Executive Officer Elon Musk on Sunday...
3 CBI Officials  to Leave
Following the recent passage of the law banning the employment...
CBA Concerned About Forex Outflow to Iran
The Central Bank of Afghanistan raised concerns about the...
Anzali Port to Be Connected to National Railroad
Anzali Port in the northern Gilan Province will be connected,...
Mineral Trade Surplus Hits $2.9b
Iran exported more than 25.47 million tons of mineral products...
Departure Tax Revenues  Up 117 Percent
The government earned 3 trillion rials ($24 million) from...

Add new comment

Read our comment policy before posting your viewpoints