Welcome!

News Feed Item

ODD, Automotive Distributors' Association, Turkey Passenger Car and Light Commercial Vehicle Market, 2014 First Quarter

ISTANBUL, April 14, 2014 /PRNewswire/ --

Passenger Car and Light Commercial Vehicle Market
showed a decrease of 24.5 % in first three months of 2014. 

Passenger Car Market Decreased 22%, Light Commercial Vehicle Market Decreased 32%.   

The Turkish passenger car and light commercial vehicle total market decreased 24.46% in January-March period of 2014 compared to the same period of the previous year, to 115,272. In the first three months of 2013, a total market sales value of 152,604 was reached.

Passenger car sales went down 21.92% in January-March period of 2014, compared to the same period last year, to 89,347. In the first three months of 2013, 114,434 purchases were made.

In the first three months of 2014, light commercial vehicle market decreased 32.08%, in comparison to the year before, to 25,925. Last year, the sales reached 38,170.

Passenger Car and Light Commercial Vehicle Market
showed a decrease of 31% in March, 2014.   

Passenger Car Market Decreased 27%, Light Commercial Vehicle Market Decreased 42.5%.    

In March, 2014, the passenger car and light commercial vehicle market decreased to 47,581. In comparison to the total number of 68,774 in March 2013 in the passenger car and light commercial vehicle market, the sales went down in a ratio of 30.82%.

In March 2014, passenger car sales went down by 26.98% in comparison to the same month of the year before and became 37,812. 

Theight commercial vehicle market decreased 42.5% in March 2014 compared to March, 2013, to 9,769. 

In the first three months of 2014, in comparison with the same period of the year before, a decrease of 21% in the sales of passenger cars below 1600cc and 40% in the sales of passenger cars with a 1600-2000cc motor volume was observed. As for the sales of the passenger cars over 2000cc, a decrease of 5.7% was observed.

When the average emission values of the passenger car market in the first three months 2014 are considered, the passenger cars between 100-120g/km took the largest piece of the pie with a ratio of 38.6% and with a number of 34,480.

In the first three months of 2014, diesel passenger car sales grabbed a share of 63%, while the automatic transmission passenger cars had a share of 45%.

In the first three months of 2014, 83.6% of the passenger car market segment again consisted of the vehicles in the A, B and C segments whose tax ratios are low. The highest sales numbers according to segments were reached in Segment C with a share of 50.9% (a quantity of 45,477) and according to frame, the most preferred body type was the Sedan (44.2%, a quantity of 39,460).

The passenger car and light commercial vehicle market witnessed an increase of 12.41% in first, 11.84% in second, 7.64% in third and 8.09% in the last quarter of 2013. While in the first quarter of 2014, the market went down in a ratio of 24.46%.  

In January-March period of 2014: 

  • Increase in exchange and interest rates which started in the second half of 2013, 
  • Increase in passenger car SCT (Special Consumption Tax) rates, 
  • Restrictions imposed by BDDK (Banking Regulation and Supervision Agency) toward credit transactions, 
  • Decrease in consumer confidence index, 
  • Slowdown in economical activity, private sector investments and domestic consumption, 

had a negative effect on passenger car market, while 

in 2014, in general: 

  • The electoral process, 
  • Macro prudential measures, 
  • Slow growth process, 
  • Monetary tightening policy of TCMB (Turkish Central Bank), 
  • Loss of momentum of growth rate in emerging economies, 
  • Reduction of asset purchases and global financial initiatives, 
  • Difficulty in finding financial support in international markets, 

will be effective.  

Hayri ERCE, PhD.
Executive Coordinator
Automotive Distributors' Association

In the first three months of 2014, Turkey's passenger car and light commercial vehicle total market presented a sales number of 115,272. In comparison to the total number of 152,604 in January-March period of 2013 in the passenger car and light commercial vehicle market, the sales went down in a ratio of 24.46%.  

In March, 2014, passenger car and light commercial vehicle market presented a sales number of 47,581. In comparison to the total number of 68,774 in March 2013 in the passenger car and light commercial vehicle market, the sales went down in a ratio of 30.82%.

The passenger car and light commercial vehicle market, in comparison to the average 10-year March sales, has shown a decrease of 21.13%.

In the first three months of 2014, passenger car sales went down by 21.92% in comparison to the same period of the year before and became 89,347. In the same period last year, the sales reached 114,434.

In March 2014, passenger car sales went down by 26.98% in comparison to the same month of the year before and became 37,812. In March of the last year, sales reached 51,785.

The passenger car market, in comparison to the average 10-year March sales, showed a decrease of 7.11%.

The "Seasonally Annual Adjusted Rate" of the passenger car market was around 480,000 for March 2014.

In January-March period of 2014, light commercial vehicle sales decreased 32.08% in comparison to the same period last year, to 25,925. In the same period of the last year, the sales reached 38,170.

In March 2014, light commercial vehicle sales decreased 42.50% in comparison to last year, to 9,769. In March of last year, the sales reached 16,989.

The light commercial vehicle market, in comparison to the average 10-year March sales, has shown a decrease of 50.22%.

The "Seasonally Annual Adjusted Rate" of the light commercial vehicle market was around 130,000 for March 2014.

When the January-March period of 2014 passenger car market is studied in terms of engine volume, the biggest slice of the pie was taken by passenger cars under 1600cc with a ratio of 94.5% and a number of 84,410. Passenger cars between 1600 to 2000cc followed them with a ratio of 4.4% and passenger cars above 2000cc with a ratio of 1.1%. In comparison with the same period of 2013, a decrease of 21.0% in the sales of passenger cars below 1600cc and 40.0% in the sales of passenger cars with a 1600-2000cc motor volume was observed. As for the sales of the passenger cars over 2000cc, a decrease of 5.7% was observed.


      ENGINE
      VOLUME    ENGINE TYPE 2013 March (End)  2014 March (End)  Change  SCT   VAT
                              Qty     Share     Qty     Share
     less than
    or equal to
      1600cc        B/D     106.804   93,3%    84.410   94,5%   -21,0%  45%   18%
     1601cc -
     less than
    or equal to
      2000cc        B/D      6.532     5,7%    3.916     4,4%   -40,0%  90%   18%
      greater
      than or
     equal to
      2001cc        B/D      1.082     0,9%    1.020     1,1%   -5,7%  145%   18%
     less than
    or equal to
       85 kW     ELECTRIC      16      0,0%      1       0,0%   -93,8%  3%    18%
    86kW - less
      than or
     equal to
       120kW     ELECTRIC      0       0,0%      0       0,0%     -     7%    18%
      greater
      than or
     equal to
       121kW     ELECTRIC      0       0,0%      0       0,0%     -     15%   18%
              Sum           114.434   100,0%   89.347   100,0%  -21,9%  TAX RATES

When the January-March period of 2014 passenger car market is studied in terms of average emission values, passenger cars between 100-120 gr/km have the highest share of 38.6% (34,480 unit) and following this, passenger cars between 120-140 gr/km have a share of 28.9% (25,834 unit).


    CO2 AVERAGE EMISSION
       VALUES (gr/km)     2013 March (End)  2014 March (End)  Change
                           Qty      Share     Qty     Share
        < 100 gr/km       8.793     7,7%     10.385   11,6%   18,1%
      greater than or
    equal to 100 - < 120
           gr/km          39.466    34,5%    34.480   38,6%   -12,6%
      greater than or
    equal to 120 - < 140
           gr/km          39.029    34,1%    25.834   28,9%   -33,8%
      greater than or
    equal to 140 - < 160
           gr/km          19.882    17,4%    13.652   15,3%   -31,3%
      greater than or
     equal to 160 gr/km   7.264     6,3%     4.996     5,6%   -31,2%
            Sum          114.434   100,0%    89.347   100,0%  -21,9%

Diesel passenger car sales in January-March period of 2014 decreased 15.6% in comparison to the same period last year. Diesel share in passenger car sales in the first quarter of 2014, when compared to the first period of 2013, increased from 58.2% to 62.9% (56,189 unit).


         DIESEL        2013 March (End)      2014 March (End)     Change
                              Share in the          Share in the
                       Qty      Segment      Qty      Segment
        A (Mini)        31        9,3%        7         0,7%      -77,4%
       B (Entry)      22.325     54,9%      17.347     61,4%      -22,3%
      C (Compact)     34.341     60,7%      28.721     63,2%      -16,4%
       D (Medium)     7.302      53,8%      7.412      67,6%       1,5%
       E (Luxury)     2.058      77,9%      2.224      70,0%       8,1%
    F (Upper Luxury)   522       89,1%       478       90,4%      -8,4%
          Sum         66.579     58,2%      56.189     62,9%      -15,6%

In January-March of 2014, automatic transmission passenger car sales numbers, in comparison to the same period in 2013, decreased 7.0%. In 2014, automatic transmission passenger car sale shares in the first three months, in comparison to last year, increased from 37.9% to 45.2% (a number of 40,358).


         AUTOMATIC
       TRANSMISSION       2013 March (End)    2014 March (End)   Change
                                                       Share in
                                 Share in the            the
                          Qty      Segment      Qty    Segment
         A (Mini)         123       36,7%       580     61,1%    371,5%
         B (Entry)       7.599      18,7%      7.823    27,7%     2,9%
        C (Compact)      21.757     38,4%      19.978   43,9%    -8,2%
        D (Medium)       10.709     78,8%      8.332    76,0%    -22,2%
        E (Luxury)       2.638      99,9%      3.151    99,2%    19,4%
     F (Upper Luxury)     586       100,0%      494     93,4%    -15,7%
            Sum          43.412     37,9%      40.358   45,2%    -7,0%

In January-March period of 2014, 83.6% of the passenger car market segment again consisted of the vehicles in the A, B and C segments whose tax ratios are low. When evaluated according to segments, Segment C with a share of 50.9% has the highest sales volume (45,477 unit) and Segment B follows it with a share of 31.6% (28,245 unit).

In January-March period of 2014, when evaluated according to frame, most preferred body type was again Sedan (44.2%, a quantity of 39,460). Following Sedan passenger cars, Hatchback frame with a share of 35.1% and a sales volume of 31,397 and SUV with a share of 14.4% and total sales volume of 12,873.

OVERVIEW OF 2014: 

According to January 2014 estimations of IMF World Economic Outlook Report, 2014 growth estimation for the World is 3.7%. The relevant report estimates that the growth rate in the U.S., world's growth locomotive, is 2.8%, and the growth rate for Europe, which is an essential element in Turkish car automotive market export, will be around 1.0% for 2014.

LMC Automotive by 2013, 4th quarter has published 2013 World passenger car market results and 2014 estimations. According to the 4th quarter results, 2013 World total passenger car market showed an increase of 3.4% in comparison to the last year and reached a number of 87 M. In 2014, World passenger car market is expected to show an increase of 5% and reach a number of 91.3 M in comparison to the last year.

LMC Automotive by 2013, 4th quarter has published 2013 World passenger car manufacture results and 2014 estimations. According to the 4th quarter results of LMC Automotive, 2014 World total passenger car manufacture showed an increase of 2.7% in comparison to the last year and reached a number of 87.4 M. In 2014, World passenger car manufacture is expected to show an increase of 5.1% and reach a number of 92 M in comparison to the last year.

According to the Medium Term Program published in October, Turkey's growth rate is expected to be around 4% in 2014. According to the IMF's declaration following the examination of article 4 regarding Turkey, it is seen that the growth estimation for Turkey in 2014 is 3.5%

Contact Name:

Ms.Saadet Alpago
Ph: +90-212-288-61-94
saadet@odd.org.tr
http://www.odd.org.tr

SOURCE Automotive Distributers' Association (ODD)

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
910Telecom exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and exchanges.
Whether you like it or not, DevOps is on track for a remarkable alliance with security. The SEC didn’t approve the merger. And your boss hasn’t heard anything about it. Yet, this unruly triumvirate will soon dominate and deliver DevSecOps faster, cheaper, better, and on an unprecedented scale. In his session at DevOps Summit, Frank Bunger, VP of Customer Success at ScriptRock, discussed how this cathartic moment will propel the DevOps movement from such stuff as dreams are made on to a practic...
As software becomes more and more complex, we, as software developers, have been splitting up our code into smaller and smaller components. This is also true for the environment in which we run our code: going from bare metal, to VMs to the modern-day Cloud Native world of containers, schedulers and micro services. While we have figured out how to run containerized applications in the cloud using schedulers, we've yet to come up with a good solution to bridge the gap between getting your contain...
The modern software development landscape consists of best practices and tools that allow teams to deliver software in a near-continuous manner. By adopting a culture of automation, measurement and sharing, the time to ship code has been greatly reduced, allowing for shorter release cycles and quicker feedback from customers and users. Still, with all of these tools and methods, how can teams stay on top of what is taking place across their infrastructure and codebase? Hopping between services a...
Niagara Networks exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
Zerto exhibited at SYS-CON's 18th International Cloud Expo®, which took place at the Javits Center in New York City, NY, in June 2016. Zerto is committed to keeping enterprise and cloud IT running 24/7 by providing innovative, simple, reliable and scalable business continuity software solutions. Through the Zerto Cloud Continuity Platform™, organizations can seamlessly move and protect virtualized workloads between public, private and hybrid clouds. The company’s flagship product, Zerto Virtual...
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service. In his session at 19th Cloud Exp...
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
WebRTC is about the data channel as much as about video and audio conferencing. However, basically all commercial WebRTC applications have been built with a focus on audio and video. The handling of “data” has been limited to text chat and file download – all other data sharing seems to end with screensharing. What is holding back a more intensive use of peer-to-peer data? In her session at @ThingsExpo, Dr Silvia Pfeiffer, WebRTC Applications Team Lead at National ICT Australia, looked at differ...
"Plutora provides release and testing environment capabilities to the enterprise," explained Dalibor Siroky, Director and Co-founder of Plutora, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Security, data privacy, reliability and regulatory compliance are critical factors when evaluating whether to move business applications from in-house client hosted environments to a cloud platform. In her session at 18th Cloud Expo, Vandana Viswanathan, Associate Director at Cognizant, In this session, will provide an orientation to the five stages required to implement a cloud hosted solution validation strategy.
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and 21st International Cloud Expo, which will take place in November in Silicon Valley, California.
The security needs of IoT environments require a strong, proven approach to maintain security, trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vic...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.