Turkey raked in $2.4 billion in automotive exports in August, according to a statement released by a sectoral group on Sept. 5.<\/p>\n\n\n\n
Automotive exports rose 57 percent year on year in August, taking a share of 12.8 percent of the country\u2019s overall exports, the Uludag Automotive Industry Exporters\u2019 Association (O\u0130B) said.<\/p>\n\n\n\n
In the first eight months of this year, automotive exports jumped 29 percent compared to the same period last year and brought $18.8 billion in revenues, it added.<\/p>\n\n\n\n
Automotive companies operating in Turkey exported products worth $311.2 million to Germany in August, up 23 percent on an annual basis.<\/p>\n\n\n\n
Automotive exports to the United Kingdom skyrocketed 211 percent to $297.4 million in August.Exports to France, Slovenia and Italy followed with $260 million, $185.6 million and $179 million, respectively.<\/p>\n\n\n\n
Sales of passenger cars and light commercial vehicles in Turkey jumped 24.3 percent year on year in January-August, an industry group report showed last week.<\/p>\n\n\n\n
Some 501,000 vehicles were sold across Turkey in the first eight months of this year, the Automotive Distributors\u2019 Association (ODD) said in a statement.<\/p>\n\n\n\n
Prominent automotive manufacturers, including Fiat, Ford, Honda, Hyundai, Renault and Toyota, have manufacturing operations in Turkey, which is among the world\u2019s top auto sale markets.<\/p>\n\n\n\n
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