Turkish automotive output growth halts in September

Thursday, Oct 08, 2015

Turkish automotive production, which has grown strongly so far in 2015, was unchanged year-on-year in September at 116,535 vehicles, the Automotive Industry Association (OSD) said on Wednesday.

Analysts had expected the slowdown in the latter part of the year, primarily due to lira weakness. The OSD said production was up 17 percent in the first nine months of the year while sales fell 5 percent in September to 66,611 vehicles.

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