The Turkish market (PC + LUV) grew by 61.3% in 2020
- The Turkish market for passenger cars (PCs) and light utility vehicles (LUVs) grew by 61.3% in 2020, to 772,788 units against 479,000 in 2019, despite the coronavirus crisis. It is an exceptional result compared to the world market which dropped by almost 14%. However, it is necessary to highlight the fact that this growth is the strongest recorded in 2020, because the Turkish market had also collapsed between 2017 and 2019, due to a serious economic crisis, the volume of registrations going from 956,000 units to 479,000 in two years, which represents a drop of 50% over the period.
- With the improvement of the economic environment, the Turkish market has simply made a partial catch-up compared to the two previous years, but we are still far from the registrations level recorded in 2016 (984,000 units). The year 2021 should continue this catching up to reach a level close to 900,000 units.
- By group, the Renault-Nissan group remains the leader of the Turkish market, but its lead has weakened compared to 2019, as it does not exceed 18.8% market share in 2020 compared to 21% the previous year. The FCA group, in second position, has made significant progress (thanks to the Tipo model) as it is just behind the Renault-Nissan group, with an 18.4% market share against 16% in 2019. The Volkswagen group has moved from second place in 2019 to third in 2020, with 15.4% market share compared to 17% in 2019. The PSA group, in fourth position, is growing significantly (13.7% market share compared to 12% in 2019). The Ford group, in fifth position, is also progressing (12% market share compared to 10% in 2019). The other carmakers are clearly detached. As for the share of electric cars, it remains confidential.
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