Turkey June. Sales collapsed as economic momentum is gone

Turkish Auto Market Honda-Civic_Type_R-2018

Turkish Autos Market dropped sharply in June with 51.037 sales, down 39% worsening the already negative trend with annual score down in double-digit. The economic momentum is gone and the market outlook is negative.

Turkey economy is losing momentum: Industrial production growth slowed in April, the manufacturing PMI was in negative territory throughout Q2, and business confidence worsened for the third straight month in June. In addition, signs of economic imbalances are becoming glaring. The hefty current account deficit broadened further in April, while inflation is firmly in double-digits and the lira is down sharply since the start of the year.

Turkish domestic vehicles market in recent years suffered for a crisis in the 2014, mainly due to economic and political reason, but since early 2015 has taken a momentum hitting the all time record both in 2015 and 2016, approaching the milestone of 1 million units, before to moderately decline in the 2017 (-2.8%).

 Sales 2012Sales 2013Sales 2014Sales 2015Sales 2016Sales 2017Sales 2018 e
Car+LCV774.746853.214767.681968.015983.732956.194998.022

 2012 Var2013 Var2014 Var2015 Var2016 Var2017 Var2018 var e
Car+LCV-10,4%10,1%-10,0%26,1%1,6%-2,8%4,4%

Turkish light vehicles market has ended the steam and after a moderately positive first quarter, ended with 158.430 sales (+1.5%) in actually declining. Indeed, April sales have been 71.126 (-6.4%), in May 72.755 (-14.8%) and in June dropped down heavily with 51.037 units (-39.0%) with Year to Date figures at 353.348 (-11.9%).

At brand-wise, Renault is market leader with 52.084 year to date sales (-5.2%) with 14.7% of market share. In second place Fiat with 39.194 (-19.5%) ahead of  Volkswagen with 39.094 (-19.9%).

Ford was fourth with 38.581 (-18.0%) followed by Hyundai with 22.189 units (-7.5%), Toyota with 16.860 (-4.3%), Dacia with 16.330 (-19.1%), Peugeot with 16.216 (-2.8%), Mercedes with 14.332 (+0.0%) and in 10th place Honda with 14.059 (+10.2%).

At model wise, the best-selling model was the Renault Megane with 19.364  (+0.1%) ahead of the former leader, the Fiat Egea with 18.315 sales (-8.7%) and the Renault Clio  with 17.018 (+1.1%).

Updates on the top 100 Models ranking are available here.

Research, Consulting, Data & Forecast

F2M covers intensively this market with several products developed to help any investigation required. Market Researches in PDF are immediately available for download with study on the market since 2005 and with forecast up to the 2025. AutoData in EXCEL are immediately downloadable with annual sales volume, split by month, for all brands and all models distributed in the market. This year data are released year to date, but you will receive a monthly update until the year-end.  See details within  Turkey Corner Store

Rank 2018Rank 2017BrandSales 2018Sales JuneVariation 2018Variation JuneShare 2018Share June
11Renault52.0848.132-5,2%-33,5%14,7%15,9%
22Fiat39.1945.157-19,5%-51,8%11,1%10,1%
33Volkswagen39.0965.521-19,9%-41,5%11,1%10,8%
44Ford38.5815.928-18,0%-35,4%10,9%11,6%
55Hyundai22.1893.356-7,5%-27,5%6,3%6,6%
67Toyota16.8602.275-4,3%-46,5%4,8%4,5%
76Dacia16.3302.547-19,1%-28,9%4,6%5,0%
89Peugeot16.2162.189-2,8%-37,9%4,6%4,3%
911Mercedes14.3321.6540,0%-46,3%4,1%3,2%
1012Honda14.0592.51510,2%11,9%4,0%4,9%
118Opel12.2971.521-34,6%-62,5%3,5%3,0%
1213Skoda12.2001.72632,4%-10,6%3,5%3,4%
1310Nissan12.1791.778-10,6%-31,1%3,4%3,5%
1416BMW7.7811.38612,5%-1,6%2,2%2,7%
1515Audi7.521668-12,3%-69,3%2,1%1,3%
1614Citroen7.3661.019-40,4%-61,5%2,1%2,0%
1717Seat6.006753-24,3%-69,1%1,7%1,5%
1818Kia5.466919-14,7%-20,3%1,5%1,8%
1919Volvo2.85357766,5%54,3%0,8%1,1%
2021Mitsubishi2.19016027,8%-20,0%0,6%0,3%
2122Isuzu1.28539826,2%167,1%0,4%0,8%
2220Suzuki1.275127-2,5%-57,1%0,4%0,2%
2324Jeep1.17017526,1%-6,9%0,3%0,3%
2423Iveco817107-25,5%-29,6%0,2%0,2%
2526Subaru7709613,7%-55,6%0,2%0,2%
2625Land Rover72593-6,1%-47,2%0,2%0,2%
2728Mini5866611,8%-49,2%0,2%0,1%
2829Mazda57640-9,9%-75,2%0,2%0,1%
2927Karsan42147-36,4%-60,5%0,1%0,1%
3030Porsche31436-0,6%-41,9%0,1%0,1%
3131SsangYong18527-38,1%-76,9%0,1%0,1%
3235DS1199310,3%800,0%0,0%0,0%
3333Alfa Romeo9910-49,0%-58,3%0,0%0,0%
3432Jaguar948-36,1%-65,2%0,0%0,0%
3537Lexus312-34,0%0,0%0,0%0,0%
3638Maserati27517,4%25,0%0,0%0,0%
3736Smart165-81,0%-37,5%0,0%0,0%
3734Infiniti162-70,4%-80,0%0,0%0,0%
3840Ferrari9150,0%0,0%0,0%0,0%
3939Aston Martin61-50,0%-50,0%0,0%0,0%
4040Bentley51-16,7%0,0%0,0%0,0%
4141Lamborghini2-33,3%-100,0%0,0%0,0%

Rank 2018Rank 2017BrandSales 2018Sales JuneVariation 2018Variation JuneShare 2018Share June
11Renault Nissan Alliance82.79912.619-8,5%-32,2%23,4%24,7%
22Volkswagen Group65.1448.705-12,9%-45,7%18,4%17,1%
33F.C.A.41.3165.455-18,9%-50,7%11,7%10,7%
44Ford Group38.5815.928-18,0%-35,4%10,9%11,6%
55P.S.A.35.9984.738-24,8%-53,7%10,2%9,3%
66Hyundai-Kia27.6554.275-9,0%-26,1%7,8%8,4%
77Toyota Group16.8912.277-4,4%-46,4%4,8%4,5%
88Mercedes Daimler14.3481.659-0,5%-46,3%4,1%3,3%
99Honda Motor14.0592.51510,2%11,9%4,0%4,9%
1010BMW8.3671.45212,5%-5,7%2,4%2,8%

Rank 2018Rank 2017MODELSales H1 2018Sales JunVariation H1 2018Variation Jun
12Renault Mégane19.3642.8010,1%-25,1%
21Fiat Egea18.3152.911-8,7%-43,2%
33Renault Clio17.0183.0881,1%-29,8%
411Honda Civic11.7332.13215,9%29,3%
54Volkswagen Passat11.4021.8458,6%-17,6%
66Toyota Corolla10.8201.62812,7%-41,3%
79Hyundai i208.1941.216-19,4%-37,3%
87Ford Focus7.7061.243-24,8%-39,7%
912Nissan Qashqai7.6691.33011,7%-8,7%
1016Peugeot 3017.159871-0,3%-31,5%
1115Dacia Duster6.9377650,2%-26,7%
125Opel Astra6.785733-46,7%-72,5%
1310Volkswagen Polo6.7611.226-20,9%-29,1%
148Renault Symbol6.5541.013-27,6%-44,4%
1514Volkswagen Golf5.976866-22,7%-38,1%
1617Hyundai Accent5.3249234,7%19,3%
1713Dacia Sandero5.1561.162-27,8%-9,9%
1818Mercedes C Class4.7106229,4%-37,6%
1923Skoda Octavia4.47057033,1%20,5%
2031Peugeot 30084.41680871,4%19,9%
2125Skoda Superb4.20270843,3%-7,0%
2221Seat Leon3.459441-29,6%-72,6%
2320Citroen C-Elysée3.456359-38,3%-68,3%
2437Hyundai Elantra3.13846465,7%8,7%
2528Hyundai Tucson2.998301-19,2%-64,1%
2622Audi A32.901194-17,9%-79,8%
2736Ford Kuga2.78439266,3%-38,2%
2824Volkswagen Tiguan2.782404-36,5%-47,3%
2929Opel Corsa2.365367-26,8%-47,4%
3032Mercedes E Class2.164384-26,1%-36,3%

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