Latest Developments in the Turkish Automobile and Light Commercial Vehicle Market
The Turkish automobile and light commercial vehicle market experienced a significant change in the January-November period of 2024. During this period, total sales are expected to decrease by 0,5% 1 million 68 thousand 260 units It is reported that this data is Automotive Distributors and Mobility Association (ODMD) was shared with the public by.
Automobile Sales and Market Dynamics
Car sales are expected to increase by 2024% in the January-November 0,5 period compared to the previous year. 845 bin 530 On the other hand, there was a decline in the light commercial vehicle market, with this segment decreasing by 4,4% 222 bin 730 As of November, a 5,3% increase was observed in the automobile and light commercial vehicle market.
November Sales Data
In November, the automobile and light commercial vehicle market increased by 5,3% compared to the same period last year. 121 bin 94 In this context, automobile sales increased by 3,5% 94 bin 595 units, while the light commercial vehicle market grew by 12,2% 26 bin 499 It is also noteworthy that the market increased by 10% compared to the 43,7-year average November sales.
Segment Distribution and Preferences
When we look at the market segments, a significant 86,3% consists of vehicles in segments A, B and C. C segment cars, 471 bin 395 While B segment cars have a share of 55,8% in units, 254 bin 103 It has a 30,1% share in units. Especially SUV cars have a 56,6% market share and 478 bin 286 It has become the most preferred body type in sales.
Sales by Engine Types
When car sales are examined according to engine types, gasoline vehicles are in first place with a share of 61,7%. Gasoline car sales 521 bin 845 This was recorded as hybrid car sales 149 bin 343 with 17,7%, diesel car sales 85 bin 517 with 10,1% and electric car sales 83 bin 298 followed by 9,9%.
Automatic and Manual Transmission Preferences
Automatic transmission vehicles constitute a large portion of the market with a share of 91,2%. Number of cars with automatic transmission 770 bin 999 while cars with manual transmission 74 bin 531 It has a share of 8,8% with units. These data show that consumers' interest in automatic transmission vehicles is increasing.
Future Trends and Expectations
In the automotive sector, the rise of electric vehicles is observed. While sales of electric cars under 160 kW increased by 62,3%, sales of electric cars over 160 kW decreased by 15,1% and fell to 1,8% share. This situation reveals the tendency of consumers to turn to environmentally friendly vehicles. While sales of cars under 1600cc decreased by 11,2% and had a 71,7% share, sales of cars in the 1600-2000cc range increased by 1,5% and reached 0,6% share.
As a result
The Turkish automobile and light commercial vehicle market has a dynamic structure and is constantly adapting to changing consumer preferences and technological developments. In the future, electric and hybrid vehicles are expected to be preferred more, while the market share of automatic transmission vehicles is also likely to increase. The automotive sector will continue to grow with sustainability and environmentally friendly solutions.
