Turkey car sales down 13.4% in nine months
Car sales in Turkey experienced a significant decline during the first nine months of 2026, decreasing by 13.39% compared to the same period last year, totaling around 803,465 vehicles. Specifically, passenger car sales fell by 15.45%, reaching 627,977 cars, while sales of light commercial vehicles declined by 5.12%. In September alone, sales dropped by 24.33% to 83,469 vehicles. The main reasons for this decline include rising interest rates, stricter financing conditions, as well as the impact of exchange rate fluctuations and geopolitical circumstances. Additionally, consumer preferences are increasingly shifting towards SUVs, hybrid, and electric vehicles.
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