Turkey auto industry records 10% production decrease in first 3 quarters of 2012

According to figures announced by Turkish Automotive Manufacturers Association (OSD), turkeys motor vehicle production saw a 4 percent decrease with only 102,744 units being produced during the month of September 2012. When compared to last year, figures of September 2012 are as follows: passenger car production was registered at 54,295 units; commercial vehicle production was recorded at 45,348 units while the tractor sector registered production of 3,101 units.

Total car production, commercial vehicle production as also tractor production showed a decrease of 5%, 1% and 21% respectively. Some good news for the Turkish automotive sector was that overall production capacity utilization rate was registered as 75% which is a rise of 48% as compared to last months 27%. Production utilization capacity rate for initial nine months of the year was recorded as 67%.

However, initial nine months of the year saw a decrease of ten percent in passenger and commercial vehicle segments as compared to 2011, with only 428,194 and 365,808 units being manufactured respectively.

About the author

Nabanita Singha Roy

Nabanita Singha Roy

Love for a red car has with experience transformed to a detailed outlook for around the clock news from Nabanita Singha Roy. Starting out as auto blogger in 2009, her inextricable editorial approach guarantees diverse storylines for a widely enthusiastic automotive readership.

Email - nabanita@rushlane.com

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