Automotive Industry First 2024 Months Data for 5
The automotive industry is one of the locomotive sectors of the Turkish economy. In this context, Automotive Manufacturers Association (OSD) The data announced by is of critical importance to understand the performance and future potential of the sector. As of 2024, automotive production, exports and domestic market status show significant changes.
Decline in Automotive Production
In the first 5 months of the year, total automotive production decreased by 1,4% compared to the same period of the previous year 598.495 This decline became more evident with a 4,3% decrease in automobile production. Automobile production 375.183 units. However, when tractor production is included, total production 612.238 number has been reached.
Fluctuations in Commercial Vehicle Production
There is an interesting picture in the commercial vehicle group. Production increased by 4% compared to the same period of the previous year. Especially light commercial vehicles While a 7% increase was observed in the group heavy commercial vehicle group experienced a 19% decrease. This reflects the dynamics of the sector and changes in demand in the market.
Capacity Utilization Rates and Their Effects
The capacity utilization rate of the automotive industry was 68%. These rates are based on vehicle groups, in light vehicles %69, in the truck group %53, in bus-midibus group 62% and tractor remained at 44% in production. Low capacity utilization rates should be considered as an important indicator in terms of efficiency and production planning in the sector.
Increase in Automotive Exports
In the first 5 months of the year, automotive exports increased by 5% in terms of units. 440.221 It was realized as a custom. During this period commercial vehicle export While it increased by 26%, automobile export It has decreased by 6%. Especially tractor export decreased by 41% compared to the same period last year 4.298 recorded as pieces.
Domestic Market Performance and Domestic Vehicle Share
In the first 2024 months of 5, the total market increased by 3% compared to the same period last year. 506.592 It was realized at the level of pieces. During this period automobile market Increasing by 5% 394.327 A 4% contraction was observed in the commercial vehicle market. Heavy commercial vehicle market %13, light commercial vehicle market decreased by 2%.
The share of domestic vehicles in the domestic market was 31% for automobiles, 20% for light commercial vehicles and 63% for heavy commercial vehicles. This situation once again reveals the importance of domestic production and its impact on the market.
Sectoral Success in Automotive Exports
According to the data of the Turkish Exporters Assembly, total automotive industry exports ranked first in the sectoral export ranking with 2024% in the first 5 months of 17. According to the data of Uludağ Automotive Industry Exporters Association, total automotive exports increased by 2024% compared to the same period in 8. 16,4 billion dollars This reveals how competitive our industry is in the international market.
During this period, main industry exports increased by 10% and supplier industry exports increased by 6% in dollar terms. These data support Türkiye's strong position and growth potential in the automotive industry.
Suggestions and Strategies for the Future
Various strategies need to be implemented for sustainable growth in the automotive industry. First of all, R&D investments should be increased and orientation towards innovative technologies should be provided. In addition, Domestic Production ve export Increasing the rates will increase the competitiveness in the sector. In addition, the production of environmentally friendly vehicles should be encouraged and both the state and private sector should cooperate in this area. All these studies will bring Türkiye's automotive sector to a stronger position in the international arena.
