Automotive Exports September 2023

Auto sales leap 115 pct in July
A total of 112,459 passenger cars and
light commercial vehicles (LCVs) were sold
in July, marking a robust 115.4 percent
increase from a year ago.
The numbers pointed to the highest ever
July sales.
As availability problems are largely resolved
more cars entered the market, consumers
are anticipating higher car prices in the
coming months that’s why they increased
their purchases of vehicles, people from
the auto industry said, explaining the
strong July sales number.
Passenger car sales grew more than
109 percent year-on-year to nearly
86,000, while the annual increase in light
commercial vehicles was 138 percent, data
from the Automotive Distributors’ and
Mobility Association (ODMD) showed.
The expansion in the passenger car market
slowed from 68.5 percent in May to 40.1
percent in June.
Data from the association showed that
passenger car sales were 79.5 percent
higher than the 10-year average.
Electric vehicle sales rose by a staggering
1,392 percent from July 2022 to 4,013,
which accounted for 4.7 percent of all
vehicle sales. From January to July, a
total of 17,307 EVs were sold on the local
market, marking a 584 percent increase
from the same period of last year. Türkiye’s
indigenous electric carmaker Togg said
it delivered 627 cars to their owners in
July, which brought the number of total
deliveries of its T10X model to 1,435.
“We consolidated our market leader
position in the electric C-SUV segment,” the
company said on Twitter. Hybrid car sales
in the first seven months of 2023 grew at a
slower pace of 63 percent to a little more
than 53,000.
In January-July, total vehicles sales
- including passenger cars and LCVs -
increase by 63.1 percent to 668,828.
The passenger car market expanded at 62
percent as 516,288 cars were sold, LCV
sales were up 68 percent to 152,540.
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