ANKARA, Turkey – The automobile industry in Turkey is struggling as sales continue to plummet.
In January the number of passenger cars and light commercial vehicles sold in the country dropped by nearly 60% compared to the same month last year.
Almost 14,400 vehicles were sold according to data released on Monday by the Automotive Distributors’ Association (ODD). This was 59.02% less than the number of vehicles sold in January 2018.
Automobile sales fell to 11,000, 58.74% less on an annual basis.
The light commercial vehicle market saw only 3,394 sales, a fall of 59.91% compared to the same month last year.
For the whole of 2018, 486,300 passenger cars and 134,600 light commercial vehicles were sold, 33% and 42.3% less than the previous year.
