Türkiye’s automotive production declined by 8.7% year-on-year in the first quarter of 2025, with a total of 344,120 units produced, according to the Automotive Manufacturers Association (OSD).
Automobile production also saw a decrease of 7.3%, reaching 220,927 units during the same period. The total vehicle market in Türkiye contracted by 7%, with 285,818 units sold in the first quarter, while the automobile market dropped by 4.1% to 223,793 units.
Automotive exports decreased by 0.9% in terms of quantity, and imports also fell by 3.8%. In total, automotive exports amounted to 254,683 units, while imports stood at 196,687 units.
On a value basis, however, Türkiye’s automotive sector showed some positive growth. Total automotive exports increased by 1.9%, reaching $9.38 billion, while automobile exports grew by 11.6%, totaling $2.75 billion in the first quarter of 2025.
Two rockets struck the Kirkuk Air Base and a nearby residential neighbourhood on Monday night, Iraqi security officials said....
Mexican authorities discovered 20 bodies, including several decapitated, on Monday in the western state of Sinaloa, where cartel violence has sharply ...
An oil tanker carrying one million barrels of crude oil exploded near the Libyan coast, Bloomberg reported on 30 June....
U.S. President Donald Trump signed an executive order on Monday ending the U.S. sanctions programme on Syria, the White House confirmed....
President Donald Trump is expected to sign an executive order on Monday formally ending U.S. sanctions on Syria, in a major foreign policy reversal th...
Türkiye will host the 2026 NATO leaders summit in Ankara, President Recep Tayyip Erdogan announced on Monday, saying the country is preparing the groundwork for what he described as “very important” decisions.
Türkiye and Syria have signed a new memorandum of understanding on international road transport, setting the stage for the resumption of direct overland trade between the two nations.
Strong winds have intensified wildfires in western Türkiye’s Izmir province for a second day, forcing evacuations as over 1,000 personnel work to contain the flames, officials said on Monday.
Wildfires fuelled by strong winds swept through parts of western Türkiye on Sunday, forcing evacuations of people from their homes and briefly shutting down Izmir’s airport.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
The International Monetary Fund (IMF) on Monday approved the disbursement of an additional $500 million to Ukraine, following the completion of its eighth review under the country’s $15.5 billion Extended Fund Facility.
U.S. President Donald Trump on Monday publicly criticized AT&T for technical issues that disrupted a national conference call with faith leaders, urging the company’s leadership to address the situation and suggesting his administration may turn to a different carrier in future communications.
France, Spain, Kenya, and several other nations announced on Monday a joint pledge to tax premium-class airline passengers and private jet users, in a move aimed at raising billions of dollars for climate action and sustainable development.
At least 12 people have been killed and dozens more injured following an explosion and fire at a pharmaceutical factory in the southern Indian state of Telangana, officials said on Monday.
Two rockets struck the Kirkuk Air Base and a nearby residential neighbourhood on Monday night, Iraqi security officials said.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment