BGC Partners - BGC Partners - Turkish Automotive Export Data May-19: Broadly neutral for both TOASO FROTO

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BGC Partners

Berna Kurbay

EUR 103.27 For Business Accounts Only

BGC Partners - Turkish Automotive Export Data May-19: Broadly neutral for both TOASO & FROTO

Turkish automotive exports declined by 3.5% y/y in May-19 with Tofasâ€™ exports down by 13% and Ford Otosanâ€™s down by 21%, broadly neutral. According to data from OSD (Automotive Manufacturersâ€™ Association), there was a 3.5% y/y decline in Turkish automotive sector exports to 113,414 units in May-19, while exports fell by 6.7% YTD to 544,419 units

17/06/2019 2 EN

Provider

BGC Partners

BGC has been one of the major market players in Turkish OTC debt, FX and swaps markets since 1998.

We started offering corporate finance and investment banking services to our clients in 2013. We offer a complete range of financial services to help our clients achieve their goals. Our main areas of activity within investment banking are as follows:

Mergers & Acquisitions
Equity Capital Markets
Debt Finance & Advisory

See profile

Analysts

Berna Kurbay

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BGC Partners - Turkish Automotive Export Data May-19: Broadly neutral for both TOASO & FROTO

BGC Partners: TURKEY - Central Government Budget continued to improve in February

BGC Partners: TURKEY - CBT Expectation Survey: No major change in inflation forecasts and a 50bps rate cut expectation from the CBT next week...

BGC Partners: TURKEY - Retail sales volume maintained a strong trend in January

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