In March, 102 899 road motor vehicle registrations were recorded
Within 102 thousand 899 vehicle registrations in March, cars accounted for 54.7%, followed by small trucks 19.9%, motorcycles 10.7% and tractors 6.9%. Minibuses, buses, trucks and special purpose vehicles constituted 7.8% of new registrations.

The number of road motor vehicle registrations increased by 58.3% compared with the previous month
In March, the number of road motor vehicle registrations increased by 58.3% compared with the previous month. Cars, minibuses, buses, small trucks, trucks, motorcycles, special purpose vehicles and tractors increased by 47.5%, 185%, 17.3%, 78% , 48.1%, 72%, 441.2% and 36.5% respectively.
The number of road motor vehicles registered increased by 0.9% compared with the same month of the previous year  
In March, the number of road motor vehicle registrations increased by 0.9% compared with the same month of the previous year. Minibuses, buses, small trucks and special purpose vehicles increased by 71.8%, 16.2%, 28.5% and 310.1% respectively. Cars, trucks, motorcycles and tractors decreased by 5.9%, 13.2%, 16.7% and 3.9%.
In March, the total number of road motor vehicles in traffic increased by
272 088
While 24 thousand 467 road motor vehicles were withdrawn; 296 thousand 555 road motor vehicles were added in January-March period. Hence, the total number of road motor vehicles registered increased by 272 thousand 88.

675 972 road motor vehicles handed over in March
Among 675 thousand 972 vehicles handed over ⁽¹⁾, cars accounted for 69% followed by small trucks 16.8%, motorcycles 4.7% and tractors 3.6%. Minibuses, buses, trucks and special purpose vehicles constituted 5.9% of the handed over motor vehicles in March.

The ratio of cars registered using LPG was 39%
At the end of March, among 11 million 493 thousand 249 registered cars, the share of LPG-fuelled cars was 39% followed by diesel-fuelled cars with 34.1% and gasoline-fuelled cars with 26.5%. The ratio of the cars with unknown ⁽²⁾ fuel type was 0.4%.

In March, 56 310 cars were registered to the traffic
In terms of the distribution of trademarks for the 56 thousand 310 new registered cars in March, Renault recorded 17.4%, Volkswagen 10.9%, Hyundai 7%, Fiat 6.7%, Dacia 6.2%, Opel 5.6%, Ford 4.8%, Honda 4.7%, Mercedes-Benz 4.3%, Nissan 4.1% and the other trademarks 28.3% of the total.

Most frequent engine size was 1501-1600 for registered cars
Within 179 thousand 116 cars registered to traffic in January-March period, 40.2% of them had engine size 1501-1600, 28.7% had 1401-1500, 13.7% had 1300 or less, 12.8% had 1301-1400, 3.3% had 1601-2000, 1.3% had 2001 and above engine size.

Most frequent color was white for registered cars
Within 179 thousand 116 cars registered to traffic in January-March period, 59.8% of them were white, 16% were grey, 8% were black, 5.4% were red and 10.8% were in other colors.

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The Dacia brand still leads the market with 6,495 registrations, followed by Renault (4,795), Peugeot (2,387), Nissan (1,736) and Citroën (1,564).

However, some manufacturers have performed poorly, including Ford (-4.5%), Fiat (-12%) and Hyundai (-15%).

Source: infomediaire.net

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

In February, 65 008 road motor vehicle registrations were recorded
Within 65 thousand 8 vehicle registrations in February, cars accounted for 58.7%, followed by small trucks 17.7%, motorcycles 9.9% and tractors 8%. Minibuses, buses, trucks and special purpose vehicles constituted 5.7% of new registrations.

The number of road motor vehicle registrations decreased by 49.5% compared with the previous month
In February, the number of road motor vehicle registrations decreased by 49.5% compared with the previous month. Cars, minibuses, buses, small trucks, trucks and special purpose vehicles decreased by 54.9%, 47%, 22.5%, 60.1% , 28.7% and 28.5% respectively. Motorcycles and tractors increased by 17.9% and 22.7%.

The number of road motor vehicles registered decreased by 4.6% compared with the same month of the previous year  
In February, the number of road motor vehicle registrations decreased by 4.6% compared with the same month of the previous year. Cars, minibuses, trucks, motorcycles and special purpose vehicles decreased by 2.6%, 31.7%, 37.5%, 13.8%, and 28% respectively. Buses, small trucks and tractors increased by 1.3%, 1.4% and 5.4%.
In February, the total number of road motor vehicles in traffic increased by 178 455
While 15 thousand 201 road motor vehicles were withdrawn; 193 thousand 656 road motor vehicles were added in January-February period. Hence, the total number of road motor vehicles registered increased by 178 thousand 455.
537 239 road motor vehicles handed over in February
Among 537 thousand 239 vehicles handed over ⁽¹⁾, cars accounted for 69.8% followed by small trucks 17%, motorcycles 3.8% and tractors 3.6%. Minibuses, buses, trucks and special purpose vehicles constituted 5.8% of the handed over motor vehicles in February.

The ratio of cars registered using LPG was 39.1%
At the end of February, among 11 million 438 thousand 415 registered cars, the share of LPG-fuelled cars was 39.1% followed by diesel-fuelled cars with 33.9% and gasoline-fuelled cars with 26.6%. The ratio of the cars with unknown ⁽²⁾ fuel type was 0.4%.

In February, 38 180 cars were registered to the traffic
In terms of the distribution of trademarks for the 38 thousand 180 new registered cars in February, Renault recorded 22.1%, Volkswagen 11.9%, Hyundai 7.3%, Dacia 6.7%, Fiat 6.7%, Toyota 5.1%, Honda 4.7%, Nissan 4.6%, Ford 4.2%, Opel 4.2% and the other trademarks 22.4% of the total.

Most frequent engine size was 1501-1600 for registered cars
Within 122 thousand 806 cars registered to traffic in January-February period, 40.1% of them had engine size 1501-1600, 29.2% had 1401-1500, 13.5% had 1300 or less, 13.2% had 1301-1400, 3.1% had 1601-2000, 1% had 2001 and above engine size.

Most frequent color was white for registered cars
Within 122 thousand 806 cars registered to traffic in January-February period, 60.6% of them were white, 15.6% were grey, 7.5% were black, 5.4% were red and 10.9% were in other colors.

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In January, 128 648 road motor vehicle registrations were recorded
Within 128 thousand 648 vehicle registrations in January, cars accounted for 65.8%, followed by small trucks 22.3%, motorcycles 4.2% and tractors 3.3%. Minibuses, buses, trucks and special purpose vehicles constituted 4.4% of new registrations.

The number of road motor vehicle registrations increased by 26.9% compared with the previous month
In January, the number of road motor vehicle registrations increased by 26.9% compared with the previous month. Cars, minibuses, buses, small trucks and special purpose vehicles increased by 29%, 20.7%, 41.1%, 85.6% and 75.3% respectively. Trucks, motorcycles and tractors decreased by 12.5%, 27.1% and 45.6%.

The number of road motor vehicles registered increased by 15.9% compared with the same month of the previous year  
In January, the number of road motor vehicle registrations increased by 15.9% compared with the same month of the previous year. Cars, small trucks, motorcycles, special purpose vehicles and tractors increased by 23.6%, 14.3%, 5.6%, 63.3% and 8.2% respectively. Minibuses, buses and trucks decreased by 26.2%, 10% and 49.1%.

In January, the total number of road motor vehicles in traffic increased by
121 277
While 7 thousand 371 road motor vehicles were withdrawn, 128 thousand 648 road motor vehicles were added in January. Hence, the total number of road motor vehicles registered increased by 121 thousand 277.

509 165 road motor vehicles handed over in January
Among 509 thousand 165 vehicles handed over⁽¹⁾, cars accounted for 70.7% followed by small trucks 17.2%, tractors 3.4% and motorcycles 3%. Minibuses, buses, trucks and special purpose vehicles constituted 5.7% of the handed over motor vehicles in January.

The ratio of cars registered using LPG was 39.1%
At the end of January, among 11 million 401 thousand 452 registered cars, the share of LPG-fuelled cars was 39.1% followed by diesel-fuelled cars with 33.8% and gasoline-fuelled cars with 26.7%. The ratio of the cars with unknown⁽²⁾ fuel type was 0.4%.

In January, 84 626 cars were registered to the traffic
In terms of the distribution of trademarks for the 84 thousand 626 new registered cars in January, Renault recorded 18.5%, Volkswagen 12.2%, Fiat 8.6%, Opel 7.9%, Hyundai 6.9%, Dacia 6.1%, Toyota 6.1%, Ford 5.6%, Nissan 4.8%, Honda 3.9% and the other trademarks 19.2% of the total.

Most frequent engine size was 1501-1600 for registered cars
Within 84 thousand 626 cars registered to traffic in January, 40.9% of them had engine size 1501-1600, 28.5% had 1401-1500, 13.7% had 1301-1400, 13.1% had 1300 or less, 2.9% had 1601-2000, 0.9% had 2001 and above engine size.

Most frequent colour was white for registered cars
Within 84 thousand 626 cars registered to traffic in January, 61.9% of them were white, 15.4% were grey, 7.1% were black, 5.2% were red and 10.4% were in other colours.

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

• Using a competitive and highly-skilled workforce combined with a dynamic local market and favorable geographical location as leverage, the vehicle production of 13 global OEMs in Turkey increased from 374,000 in 2002 to over 1.3 million units in 2015. This represents a compound annual growth rate (CAGR) of around 10 percent during the same period.
• Significant growth posted by Turkey’s automotive sector led to Turkey becoming 15^th largest automotive manufacturer in the world and 5^th largest in Europe by the end of 2015.
• Turkey has already become a center of excellence, particularly with respect to the production of commercial vehicles. By the end of 2015, Turkey was the number one producer of light commercial vehicles (LCV) in Europe.
• Proven as a production hub of excellence, the Turkish automotive industry is now aiming at improving its R&D, design, and branding capabilities. As of the end of 2015, 75 R&D centers belonging to automotive manufacturers/suppliers are operational in Turkey.
• Notable examples of global brands with product development, design, and engineering activities in Turkey include Ford, Fiat, Daimler, AVL, and Segula. Ford Otosan’s R&D center is one of Ford’s three largest global R&D centers, while Fiat’s R&D center in Bursa is the Italian company’s only center serving the European market outside its home country. Meanwhile, Daimler’s R&D center in Istanbul complements the German company’s truck and bus manufacturing operations in Turkey.
• Turkey offers a supportive environment on the supply chain side. There are around 1,100 component suppliers supporting the production of OEMs. With the parts going directly to the production lines of vehicle manufacturers, the localization rate of OEMs varies between 50 and 70 percent.
• Turkey is home to many global suppliers. There are more than 250 global suppliers that use Turkey as a production base, with 28 of them ranking among the 50 largest global suppliers.
• Auto manufacturers increasingly choose Turkey as a production base for their export sales. This is evidenced by the fact that around 75 percent of production in Turkey is destined for foreign markets. In 2015, more than 900,000 vehicles were exported from Turkey to foreign markets.
• While Germany, France, Italy, the UK, and Spain are currently the major export customers of the Turkish automotive industry, there is a trend of diversification in export destinations with companies looking to break into nearby emerging countries where there is considerably more demand potential for new auto sales.
• The rise of per capita income from USD 3,000 in the first few years of the 2000s to USD 10,000 in 2015 led to higher sales in the motor vehicles market. While the average annual sale figures in the market were around 360,000 in the early 2000s, the average sales increased to 870,000 by 2015.
• Despite the strong growth in the market, the automobile penetration in Turkey — 165 cars per 1,000 people — is well behind the European average of 500. This indicates ample opportunities for carmakers in the domestic market. Increased purchasing power combined with a low automobile ownership rate should help drive automobile sales in the coming years.

 Date: 13 March 2017

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.