| 22 May 2024, Wednesday |

Turkey auto sales rise 92.8% in March year-on-year: association

Sales of passenger cars and light commercial vehicles in Turkey rose 92.8% year-on-year in March to 96,428 units, the Automotive Distributors Association announced on Friday.

In the January-March period, sales jumped 59.7% year-on-year, the association added.

Erol Sahin, director at automotive marketing consultancy EBS, said the surge was supported by low interest rate sales campaigns in March and consumer moves to buy vehicles before the weakening of the lira is reflected in prices.

Last year in March, sales moderated due to the impact of the COVID-19 outbreak and only 50,008 units of passenger cars and light commercial vehicles were sold, according to association data.

  • Reuters