automotive market
- Turkiye
Turkiye’s Used Car Market Shows Stable Growth as Prices Rise Below Inflation in 2026
Used car prices ticked up 0.74 percent month-over-month in June, trailing a 0.99 percent rise in consumer prices, according to…
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Turkiye’s Chinese Auto Sales Fall as Tariffs and Import Barriers Weigh on Market Growth
Chinese automotive brands, which are expected to reach 1.3 million vehicle sales in Europe this year, faced significant headwinds in…
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Hybrid Vehicles Gain Ground as Turkiye’s Car Sales Slow and EV Market Share Rises
Gas, diesel, electric, and LPG car sales down in January-June, while hybrid car sales up 6%, and electric cars make…
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UAE: OMODA & JAECOO Expand Operations with AI Mobility, Smart Driving and Regional Spare Parts Hub
Brand strengthens its long-term UAE commitment through local operations, regional spare parts infrastructure, intelligent mobility technologies and AI-driven innovation As…
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Turkiye Rises to Europe’s Fourth-Largest Electric Car Market as EV Demand Remains Strong
Türkiye has become Europe’s fourth-largest electric car market, overtaking countries such as Belgium, Italy and Spain, on the back of…
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Turkiye Seeks New Global EV Investments to Strengthen Automotive Industry
Türkiye is seeking to host electric vehicle investments from global automotive companies that have not yet established operations in the…
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Turkiye’s Used Car Market Gains Momentum as Demand and Pricing Stabilize
Türkiye’s used car market entered 2026 with momentum, recording a 5.54 percent increase in January compared to the same month…
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Renault Clio tops January car sales in Turkish market
The Renault Clio has maintained its lead in Türkiye’s January car sales, recording 4,556 units sold, according to data from…
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Turkiye’s New Credit Card Limit Rules Set to Impact Used Car Market and Consumer Financing
The Banking Regulation and Supervision Agency’s (BDDK) decision to gradually reduce credit card limits above 400,000 Turkish Liras is expected…
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Turkiye’s Auto Sales Rise Nearly 10% in January as EVs Claim One-Fifth of Market
Türkiye’s automotive market opened 2026 with a 9.77% annual sales increase in January, registering 75,362 passenger cars and light commercial…
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