Turkish automotive sector hits record $34B in exports in 10 months

Türkiye's automotive industry achieved a new best January-October export performance as sales reached $34 billion, according to a report.

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With a steady momentum in shipments, the domestic automotive industry, a longtime leader in exports, marked its highest 10-month performance of all time despite global uncertainties and rising protectionism.

While global markets closely follow whether the U.S. will reach agreements with other countries on trade policies, Türkiye's automotive sector stood out with its strong performance during the first 10 months of the year.

U.S. protectionist customs tariffs continue to pose challenges for global trade by weakening countries' positions in commerce.

Amid growing economic concerns and reevaluation of international relations, Türkiye has succeeded in maintaining a prominent global position both in finished vehicle production and automotive supply manufacturing.