Turkey automotive exports reach $31.1 billion in first nine months

Turkey's automotive industry reported significant production and export figures for the first nine months of the year. Total automotive production reached 986,584 units, reflecting a 6% decrease compared to the same period last year. While automobile production saw a notable 17% decline to 528,366 units, commercial vehicle production grew by 12%, including a 13% increase in light commercial vehicles.

In terms of exports, the sector maintained its leading position in Turkey's sectoral exports, with total automotive exports rising 3% to $31.1 billion. The general capacity utilization rate for the industry stood at 61%.

In the Sakarya region, which accounts for 16.49% of Turkey's total vehicle production and 15.65% of its exports, 162,696 vehicles were produced. Of these, 108,841 units were exported, representing approximately 66.89% of the region's output. Toyota remains the leader in Sakarya, exporting 98,468 of its 143,778 produced vehicles. Other key regional producers include TürkTraktör, which exported 9,225 of its 14,913 tractors, and Otokar, which exported 1,570 commercial vehicles.