Turkey’s auto industry has managed to achieve its second-highest export month ever in November, as the sector looks to accomplish its revised year-end target.
Foreign sales came in at nearly $2.7 billion last month, according to Uludağ Automotive Industry Exporters Association (OIB) Sunday, up 0.3% year-on-year.
It marked the second-highest exports ever on a monthly basis and followed $2.9 billion worth of sales in October.
OIB Chairperson Baran Çelik said average exports over the last three months came in at $2.7 billion.
“We believe we will reach the year-end target that we revised at $25 billion due to the pandemic,” Çelik noted.
Exports from January through November this year have already reached $22.7 billion, he said.
In addition, sales of passenger cars and light commercial vehicles in the country surged 37.8% year-on-year in November to 80,141 units, the Automotive Distributors Association (ODD) said last week.
In the January-November period, sales rose 72% year-on-year, according to the association.
The automotive industry again championed the country’s overall exports last month with a 16.8% share.
