MarketsBusinessTurkiye

Automotive sales broke the all-time March record with 110 thousand units

Automotive sales across Turkey increased by 5.7 percent in March compared to the same period in 2023, reaching 109,828 units.

According to the March data of the Automotive Distributors and Mobility Association (ODMD), last month, 109,828 units of cars and light commercial vehicles were sold nationwide.

Last month, car sales reached 87,071 units, an increase of 9.9 percent compared to the same period in 2023, while the light commercial vehicle market decreased by 7.9 percent to 22,757 units. The automotive and light commercial vehicle market showed an increase of 50.9 percent compared to the 10-year March average sales.

25.2 percent increase in the first quarter The total automotive and light commercial vehicle market reached 295,519 units in the January-March period, increasing by 25.2 percent annually.

Car sales in the first quarter increased by 33.05 percent to 233,389 units, while the light commercial vehicle market reached 62,130 units, an increase of 2.6 percent.

When segmented by segments in the first 3 months of the year, vehicles in segments A, B, and C, which have low tax rates, constituted 88.6 percent of the market. C-segment cars accounted for 133,712 units, or 57.3 percent, while B-segment cars accounted for 71,917 units, or 30.8 percent.

SUV cars were the most preferred When evaluated by body types, SUV cars were the most preferred body type with a share of 51.7 percent and 120,699 units. They were followed by sedans with a share of 28.5 percent and 66,451 units, and H/B cars with a share of 18.1 percent and 42,145 units.

In the January-March period, 67 percent of the cars sold were gasoline, 14.2 percent were hybrid, 10.8 percent were diesel, 7.1 percent were electric, and 0.9 percent were LPG vehicles.

It was observed that 78 percent of car sales consisted of vehicles below 1600cc. Automatic transmission cars accounted for 89.3 percent of sales, while manual transmission cars accounted for 10.7 percent.

When evaluated by body type in the January-March period, van-type vehicles ranked first with a share of 71.9 percent in the light commercial vehicle market, while pickup-type vehicles ranked second with a share of 13.8 percent.

source: aa.com.tr/ prepared by Melisa Beğiç

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