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Turkey

Turkey's 10-mo motor vehicle registrations fall 10.6%

Dec 17, 2014, 11:53:35 AMArticle by Yurkie Ali
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ISTANBUL (Turkey), December 17 (SeeNews) – Motor vehicle registrations in Turkey decreased by 10.6% year-on-year to 852,910 units in the ten months through October, the country's statistics institute said on Wednesday.

Turkey's 10-mo motor vehicle registrations fall 10.6%

In October alone, new motor vehicle registrations in the country increased by 18.6% year-on-year but decreased 3.3% month-on-month to 88,493. Passenger cars accounted for 58.1% of all vehicle registrations in October, followed by motorcycles with a 14.8% share and small trucks with a 13.8% share, the institute said in a statement.

The total number of vehicles registered in Turkey reached 18.694 million at the end of October. Passenger cars accounted for 52.2% of the total, followed by small trucks with a 16.3% share and motorcycles with 15.2%.

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