Automotive Industry Exporters' Association

The Turkish automotive industry's exports grew by 9 percent year-on-year in June to more than $3 billion, according to the Automotive Industry Exporters' Association (OİB).

For a third time this year, monthly exports were above the $3 billion mark, said Baran Çelik, the board chair of OİB.

Türkiye's automotive industry boosted its export revenues by 11 percent on an annual basis in the January-April period to $11.3 billion, the Automotive Industry Exporters' Association (OİB) has said.

Passenger car and bus, minibus exports registered double digit growth in April, according to Baran Çelik, board chair of the OİB.

The combined sales of passenger cars and light commercial vehicles (LCV) increased by 6.2 percent in 2022 from the previous year to more than 780,000.

Passenger car sales grew 5.5 percent to 593,000, data from the Automotive Distributors' and Mobility Association (ODMD).

Türkiye's automotive industry aims to generate $34 billion in export revenues this year, the Automotive Industry Exporters' Association (OİB) has said.

"Despite the economic slowdown in Europe, our largest export market, and changes in demand conditions, we managed to increase our export revenues both in December and the whole of 2022," said Baran Çelik, president of the OİB.