7/27/2011

Turkey car sales in full throttle

Hurriyet - Motor vehicle sales in Turkey have skyrocketed in the first half of the year, giving rise to assumptions that the country will surpass Spain at the end of the year to become the 5th biggest car market in Europe.

Car makers in Turkey managed to sell 54 percent more vehicles in the country in the January-June period over a year earlier, expanding the country’s car market beyond those of Belgium and the Netherlands. The thriving market upped the country’s position in the European chart by two notches from 8th place in 2010 to its current 6th.

The total sales in the first six months amounted to 445,000, consisting of 289,000 passenger cars and 131,000 commercial vehicles, according to the Automotive Distributors' Association of Turkey (ODD). Analysts expect a sales volume of 900,000 vehicles by the end of 2011, given the current market trends persist.
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