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TURKEY | CAR MARKET ANALYSIS
Turkey’s car market standing up to fallout from last year’s failed coup shock 
Published: Thu, 31st August 2017 19:56:08 GMT  
 

Turkey car sales history AID Newsletter

With just over a third of a million new cars sold in the seven months to July this year, today’s new car market in Turkey is about the same size as the combined sales in both Belgium and Luxembourg. 

But that’s where the similarities end. Unlike Belgium, a mature car market, Turkey - with a population of almost 80m – is expected to see significant further growth in future car sales. 

In consequence, autoindustry eyes remain focused on this market simply because it remains one of the few markets on the fringe of Europe where significant future car sales growth can still be expected.

Apart from Turkey’s still widely predicted future car sales potential there are two issues that surround this year’s market makeup and development.

Both will attract the attention of market observers. 

One is the lingering ill effects of last year’s failed political coup; the other is the realisation that six in ten cars sold there are still diesel powered


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MORE BRIC ARTICLES LIKE THIS:

| Brazil’s limp car sales balloon ready to rise?   14 Jun 2017


| Renault, with India-built KWID Crossover, set the cat among the pigeons  15 Mar 2016


| Turkey’s belated car sales spring likely nipped in the bud by failed coup frost  18 Aug 2016

 

 

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