Fast Market Research recommends "Turkey Autos Report Q2 2014" from Business Monitor International, now available

Boston, MA -- (SBWire) -- 05/02/2014 --Turkish vehicle production declined 10.8% year-on-year (y-o-y) in the first two months of 2014, to 158,182 units, despite a surge in passenger car output, on the back of sharp declines in commercial vehicle (CV) manufacturing. BMI forecasts a 2.4% increase in total vehicle output in 2014 due to sustained growth in the passenger car segment and a recovery in CV production.

Over the year to date, vehicle exports declined 7.5% y-o-y, to 120,711 units. Turkey has a number of strong fundamentals which should help to attract autos investment and boost production volumes over the longerterm. Its geographical location and Customs Union with the EU should facilitate growth in exports with the bloc and wages remain relatively competitive compared with other production hubs across Europe. Indeed, a number of international auto and supply manufacturers have recently invested in the country, in line with our bullish outlook. Furthermore, its domestic programme of transport infrastructure improvements has helped it emerge as the largest commercial vehicle market in the region and a prime location for commercial vehicle production and marketing.

View Full Report Details and Table of Contents

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Transportation research reports at Fast Market Research

You may also be interested in these related reports:

- Serbia Autos Report Q2 2014
- Argentina Autos Report Q2 2014
- Russia Autos Report Q2 2014
- Thailand Autos Report Q2 2014
- United Arab Emirates Autos Report Q2 2014
- Vietnam Autos Report Q2 2014
- China Autos Report Q2 2014
- Morocco Autos Report Q2 2014
- Italy Autos Report Q2 2014
- Hong Kong Autos Report Q2 2014