Automotive Manufacturers Association Announces Data for First Nine Months of 2026

Automotive Manufacturers Association President Cengiz Eroldu announced production, export, and market data for the January-September period of 2026 during a press conference.

Production and Market Expectations

In the first nine months of the year, total automotive production declined by 6 percent compared to the same period of the previous year, dropping to 971,159 units. Automobile production decreased by 17 percent to the level of 528,366 units.

New Normal in Automobile Prices

Rising oil prices, labor costs, and the Euro 7 standards to be implemented in 2027 have driven sectoral prices upward. OSD President Cengiz Eroldu emphasized that the new normal price band for internal combustion vehicles has risen to 2 million lira.

Exports and Foreign Currency-Based Developments

In the first nine months, total automotive exports dropped by 11 percent in volume terms to 685,671 units. On the other hand, total exports in value terms recorded a 3 percent increase, reaching 31.1 billion dollars.

European Union and Made in EU Process

While efforts continue for Turkey to be included in the Made in EU process, Germany has provided open support on this matter. The process is projected to be completed in the first half of 2027.

Chinese-Origin Vehicles and Domestic Production Share

The share of Chinese-origin automobiles in the Turkish market declined to the level of 5 percent. In the January-September period, the share of domestic vehicles in automobile sales was recorded at 36 percent.