Türkiye's auto sales witness modest growth in August
An aerial view shows cars during a rush hour, Istanbul, Türkiye, Sept. 2, 2024. (AA Photo)


Türkiye's auto market showed signs of recovery last month after sales plunged earlier in July, industry data showed on Tuesday as combined sales of cars and light commercial vehicles grew slightly.

A total of 90,134 passenger cars and light commercial vehicles were sold nationwide in August, up 0.8% annually, the Automotive Distributors’ and Mobility Association (ODMD) said in a statement.

Passenger car sales alone rose slightly by 0.23% year-over-year to 69,288 units in August, according to ODMD.

The number of light commercial vehicles sold reached 20,846, marking a 2.6% increase in August.

Although modest, the latest increase in sales came after a contraction of 17.5% in July.

The association noted that Türkiye’s automotive market grew 48.9% last month compared to the 10-year average for August sales.

In the first eight months of the year, around 761,152 units of passenger cars and light commercial vehicles were sold, registering a 0.2% increase compared to last year.

In the same period, car sales ticked up 3% yearly to 605,639 units, while sales in light commercial vehicles were down 9.5% year-over-year to 156,513.

According to the data, SUV models remained the most preferred vehicle type in the country, accounting for 55.5% of the total market.