Turkish Automotive Industry Breaks All-Time Export Record in 2023.
The Turkish automotive industry broke an all-time export record in 2023, reaching USD 35 billion in international sales with a 13 percent year-on-year increase, according to the Uludağ Automotive Industry Exporters' Association (OIB).Capping off the year on a high note, the automotive industry achieved the highest figures in the country's overall exports, claiming a 15.8 percent share. In December alone, the industry maintained its leading position with a 1.1 percent increase, totaling USD 3.1 billion in exports compared to the same period in 2022.The supply industry, the largest product group in automotive exports, saw a 9 percent increase i
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