The Turkish market progresses in fits and starts since 2000
- The Turkish market progresses in fits and starts since 2000. After falling sharply between 2001 and 2003, it rebounded in 2004, reaching a peak of 450 000 units (against 360 000 in 2000).
- Then the Turkish market decreased again in 2005 to stabilize at 300,000 units in 2008. Little affected by the 2008-2009 crisis, sales picked up in 2009 to reach a new peak in 2011 (600,000 units).
- In 2012, a new reversal trend appeared. Sales declined by 6.4%, but in 2013, the market is again on the rise (+31% in the first two months).
- In twelve years, the Turkish market has increased from 360 000 units to 560 000 units. At current rates, this market could beat its record in 2013.
- The leader of the Turkish market is the Renault-Nissan group which benefits from a local presence of the Renault brand (Oyak) which has grown steadily since its inception in 1969. Renault has eaten a lot into Fiat (Tofas), formerly leader. The VW group is in second place.
Data source: File #55 - Registrations in the World by makes