Households drive market demand, with household spending representing 59.2% of total demand in 2023. Otokoç Otomotiv Ticaret Ve Sanayi AS is the largest company in Turkey, generating 3.3% of the industry’s total turnover value in 2023. The industry is fragmented, with the top five companies generating 12.1% of total production value in 2023. The total number of companies increases in 2023, to 467,140 units. The costs of the industry increase by 34.6% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 63.9% of turnover in 2023, the highest regionally. With turnover of USD25.3 billion, Turkey accounts for 4.5% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Sale, Maintenance and Repair of Motor Vehicles, Retail Sale of Automotive Fuel in Turkey: ISIC 50. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Sale, Maintenance and Repair of Motor Vehicles, Retail Sale of Automotive Fuel in Turkey: ISIC 50 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of retail, sale, maintenance and repair of motor vehicles, retail sale of automotive fuel, and wholesale trade.
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