Turkey Autos Report Q1 2014 - New Study Released
Turkish vehicle production increased 12% year-on-year (y-o-y) in November, to 113,678 units, as export volumes and the domestic market picked-up during the month following a brief period of weakness, in line with BMI's expectations. Over the first 11 months of the year, vehicle output increased 6% y-o-y, to 1,042,400 units. We expect to see a continued uptick in manufacturing in the country over the coming months on the back of increases in domestic and export demand. This has informed our...
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