Commercial vehicle contribution in exports strengthened by Reuters


© Reuters.

ISTANBUL, May 10 (Reuters) – Automotive main industry production rose to 105,496 units in April, an increase of more than eight times due to the low base effect of last year’s factory closures due to coronavirus.

According to the Automotive Industry Association’s (OSD) bulletin published on Sunday, the January-April production level of the sector increased by 28.1% to 451,187 units.

Exports reached 78,086 units with an increase of 635.8% in April and 339,197 units with an increase of 18.2% in January-April. While automobile exports increased by 5.5% in the first four months, commercial vehicles constituted the item that showed a sharp increase in exports with 36.2%.

The growth in commercial vehicle production was stronger than in automobiles. Automobile production increased approximately 18%, heavy commercial vehicle production increased 89% and light commercial vehicle production increased 49%.

The total market, including heavy commercial vehicles, grew by 74.1% in the first four months, while the light commercial vehicle market increased by 88% and the heavy commercial vehicle market increased by 124%.

Editorial: Can Sezer

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