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FinancialNews


  • 16-11-20

    Turkey's car output surpasses 1 mln

    (MENAFN)

    According to a sectoral report issued on Monday, Nov. 16, Turkey's vehicle output, comprising light commercial cars, tractors, and automobiles, exceeded 1 million during the first ten months.

    The 10-month number dropped 16 percent in comparison with the same period in the previous year, according to the Automotive Manufacturers Association (OSD).

    During the January-October period of the current year, Turkey's vehicle output also decreased 15 percent annually.

    The domain was hit by the COVID-19 crisis. "Even if there are adverse effects [of coronavirus] for our industry in the short term, we do not expect any negative effects in the medium and long term," noted OSD chief Haydar Yenigun.

    MENAFN16112020000045011361ID1101133049

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