Turkey: Automotive market contracts 34.5% in January

The automotive industry in Turkey contracted year-on-year in January 2012. A total of 31,196 vehicles were sold in the country last month, a drop of 34.5% compared with 47,658 vehicles sold in January 2011. The decline was the result of a 29.4% fall in sales of passenger cars, which accounted for 21,077 Subscribe to Automotive World … Continued

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• February 10, 2012