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OİB

  • Market trends

    News » Turkish exports bolster falling domestic sales

    January 23rd 2019 Turkey’s automotive industry had a mixed year in 2018. Sales in its domestic market for passenger vehicles and light commercial vehicles (LCVs) were down by 35%, according to the Automotive Distributors Association (ODD), at 621,000 compared to 956,000 in 2017. According to Turkey’s Automotive Manufacturers’ Association (OSD), production of passenger cars, light trucks and pick-ups amounted […]
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  • Market trends

    News » Turkey forecast to build on export gains

    January 9th 2019 In a statement released by Turkey’s automotive export association – the OİB –  chief executive Baran Çelik estimates that the Turkish automotive industry will export cars and components worth in excess of $32 billion in 2019. That is a slight increase on the $31.6 billion of products exported in 2018. “Last year, we achieved an […]
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