Turkey - ODD Data March 2022 Comment
Automotive Sales in March• According to Automotive Distributors’ Association (ODD) data, auto market contracted by 33% y/y to 64,267 units in March 2022. (March 2021: 96,428) While the passenger cars sales were 50,173 units (down by 34% y/y), LCV sales realized at 14,094 (down by 30% y/y).
• TOASO’s sales declined by 29% y/y to 9,185 units. TOASO’s PC sales were down by 42% y/y, and its LCV sales increased by 2% y/y. TOASO’s market share inched up to 14.3% in March, compared to 14.1% in February.
• FROTO’s sales were down by 49% y/y to 5,068 units. FROTO’s PC sales decreased by 58% y/y, and its LCV sales were down by 47% y/y. FROTO’s market share contracted to 7.9% in March, compared to 8.8% in February.
• DOAS’s sales contracted by 44% y/y to 11,174 units. DOAS’s PC sales were down by 46% y/y, and its LCV sales were also down by 27% y/y. DOAS’s market share increased to 17.4% in March compared to 12.2% in February.
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