Car sales in Turkey up 40 percent in May

ISTANBUL

Reuters Photo

The number of vehicles sold in Turkey jumped over 40 percent in May year-on-year, Turkey’s Automotive Distributors Association (ODD) said in a statement on June 3.

In May, combined sales of automobile and light commercial vehicles were up 40.3 percent to 81,542 compared with 58,121 in May of last year according to a report from the association.

Automobile sales alone rose 35.5 percent year-on-year to 62,878, while light commercial vehicle sales saw a 59 percent increase during the same period.

The number of cars sold in the country rose by 45.7 percent to 260,080 and of light commercial vehicles by 79.1 percent to 86,312 in the first five months of the year, compared to the same period of 2014. 

General Coordinator of Turkey’s Automotive Distributors Association Hayri Erce said in the report the strong growth performance of the market was mainly related to the low base level in the previous year.

The association did not make any change in its total market target at around 900,000-950,000 for the whole year.