According to the UludaÄŸ Automotive Industry Exporters Association (OIB) and Turkish Exporters Assembly (TÄ°M), the Turkish automotive industry raised its exports by 8.4% in August compared to the same period last year.
With a 13% share in Turkish exports, the automotive industry ranked first again and reached the second-highest August export figure in its history, achieving the highest growth rate of 2019 with 8.4%.
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The leader of national exports, Turkey’s automotive industry expects its exports to Russia to exceed $500 million in 2019, according to the vice-chairman of the Uludag Automotive Industry Exporters Association (OIB).
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It is reported by Automotive Manufacturers Association (OSD) that automotive sector keeps its lion’s share in Turkey’s total exports during the first six months of the year.
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