Turkish Vehicle Sales Fall 24.5% in July 2026

Turkish Vehicle Sales Decline in July 2026

Turkish vehicle sales July 2026 reached 83,713 units, representing a 24.5% decline compared with the same month in 2025, according to the Automotive Manufacturers Association (OSD). Passenger vehicle sales fell 25.8% to 62,478 units, while commercial vehicle sales decreased 20.4% to 21,235 units. The decline highlights continued weakness in the Turkish automotive market during 2026, with demand remaining sluggish in July. Stricter auto loan conditions have constrained purchasing activity, while upward pressure on vehicle prices has added to the challenges facing consumers. The strong euro has contributed to higher vehicle pricing, further weighing on demand across the market. Turkiye therefore continued to experience a contraction despite vehicle volumes remaining above the longer-term July benchmark.

Leading Automakers Maintain Significant Market Shares

Data from the Automotive Distributors’ and Mobility Association (ODMD) showed that several major automakers retained substantial positions in the Turkish market during July. Renault recorded sales of 8,486 units, corresponding to a 10.5% market share, while Volkswagen sold 7,387 units for a 9.1% share. Fiat followed with 6,238 units and a 7.7% share, while Hyundai reached 5,214 units and a 6.5% share. Toyota recorded 5,165 units, representing a 6.4% share. The results indicate that the market contraction affected leading manufacturers while established brands continued to account for a considerable portion of overall demand. Renault, Volkswagen and Fiat remained among the strongest-selling manufacturers in the reported July period.

Light Vehicle Market and Production Also Contract

Light vehicle sales, excluding medium- and heavy-duty commercial vehicles, declined 25.0% year over year in July to 80,786 units. Despite the annual contraction, the monthly result remained 13.0% above the 10-year July average of 71,466 units, indicating that market volumes were still comparatively resilient against the longer-term benchmark. Domestic vehicle production also weakened, with Turkiye producing 103,817 vehicles in July, down 19.2% from the corresponding period a year earlier. The decline in production accompanied weaker domestic demand and reflected broader pressure across the automotive manufacturing environment. Hyundai and Toyota were among the leading brands contributing to market activity, even as the overall industry experienced a significant year-over-year slowdown.

Vehicle Imports and Exports Decline

Turkey’s automotive trade flows also weakened during July 2026. Vehicle imports declined 28.7% year over year to 55,782 units, while vehicle exports decreased 20.4% to 79,850 units. The simultaneous reductions in imports and exports underline the broader contraction affecting the Turkish automotive industry rather than a decline limited solely to domestic retail demand. Lower vehicle production, softer sales and tighter financial conditions combined to create a challenging operating environment for manufacturers and distributors. While July light vehicle sales remained above the historical 10-year average, the sharp annual declines across sales, production, imports and exports point to continued pressure on the market as automakers and consumers navigate higher vehicle costs and more restrictive financing conditions.

Frequently Asked Questions

What were Turkish vehicle sales in July 2026?
Turkish vehicle sales reached 83,713 units in July 2026, representing a 24.5% decline compared with July 2025. Passenger vehicle sales decreased 25.8% to 62,478 units, while commercial vehicle sales fell 20.4% to 21,235 units. The decline reflected sluggish market demand amid stricter auto loan conditions and continued upward pressure on vehicle prices associated with the strong euro. Despite the annual contraction, light vehicle sales remained above the historical July average, suggesting that market activity was still comparatively resilient when measured against the longer-term benchmark.

How much did Turkish vehicle production decline in July 2026?
Turkiye produced 103,817 vehicles in July 2026, representing a 19.2% year-over-year decline. The reduction occurred alongside weaker domestic vehicle sales and lower trade volumes during the month. Vehicle imports decreased 28.7% to 55,782 units, while exports fell 20.4% to 79,850 units. These figures indicate that the Turkish automotive industry experienced broad-based pressure across domestic demand, manufacturing and international trade. The combination of tighter financing conditions, higher vehicle prices and weaker market demand contributed to a challenging environment for manufacturers and distributors during July.