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Turkey 16th in global automobile production – Economics & Business Channel
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Turkey 16th in global automobile production

Turkey ranked 16th in global automobile production, according to a report from the International Organization of Motor Vehicle Manufacturers (OICA) released on Oct. 26.

Turkey manufactured 667,592 cars in the half-year period, an increase of 18.4 percent from 2014.

Global vehicle production rose 0.5 percent in the first six months of 2015, compared to the previous year.

World auto production reached 45.6 million cars from January to June of this year, up from 45.4 million in 2014.

China again topped the list of the 20 biggest automobile producing countries with about 12 million motor vehicles. The world’s second-largest economy manufactured more than one out of every four motor vehicles worldwide, an increase of 2.6 percent compared with the same period of last year.

It was followed by the U.S., with about 6 million, and Japan, with about 4.5 million vehicles.

Italy increased its auto production by 43 percent, producing over half a million cars this year. Turkey’s neighbor Iran increased its motor vehicle production by 14 percent in the same period.