By Tuba Sahin
ANKARA (AA) - Automotive production in Türkiye grew 1.5% year-on-year in the first half of 2022, according to new data released on Monday.
Automakers in Türkiye manufactured 649,311 vehicles in January-June, including automobiles and commercial vehicles, read a report by the Automotive Manufacturers Association.
Some 72% of all vehicles manufactured were exported, a 1.2% annual rise to 466,995 units.
Türkiye generated $15.5 billion from vehicle exports in the six-month period, up 53% from a year ago.
The country’s overall auto sales market shrank by 8.8% on an annual basis to 375,683 units in January-June, the report said.
Passenger car production fell 8% to 382,947 units in the same period.
In June, Türkiye’s automotive makers manufactured 135,424 vehicles, a 26.3% surge from a year ago.
Top international automakers – including Ford, Honda, Hyundai, Mercedes, Renault, and Toyota – have factories in Türkiye, which is one of the world’s top auto sales markets.