Sales of passenger cars and light commercial vehicles in Turkey slumped 76.5 percent from a year earlier to 21,571 vehicles in October 2018. In the January-October period, sales decreased 32.6 percent year-on-year to 485,027 vehicles. Total Vehicle Sales in Turkey averaged 48433.11 from 1993 until 2018, reaching an all time high of 156173 in December of 2015 and a record low of 1764 in January of 2002.
Total Vehicle Sales in Turkey is expected to be 120000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Total Vehicle Sales in Turkey to stand at 69930.00 in 12 months time. In the long-term, the Turkey Total Vehicle Sales is projected to trend around 119000.00 in 2020, according to our econometric models.