Car sales in Türkiye hit another all-time high in June, industry data showed Tuesday, adding to the peaks since the beginning of the year, propelled mainly by the increase in vehicle supply, SIA refers to Turkish media.
A record 110,861 passenger cars and light commercial vehicles exchanged hands last month, the Automotive Distributors and Mobility Association (ODMD) said in a statement, marking a 37.5% year-over-year increase.
In contrast, around 80,652 units were sold in the same month a year ago. June followed a May record of 111,356 units, marking a 70.9% increase on an annual basis, according to the ODMD data.
Demand has been notably high as depreciation in the Turkish lira and soaring prices prompt consumers to continue to opt for cars they see as a tool to safeguard themselves from high inflation.
Annual inflation fell below 40% in May after touching a 24-year high above 85% in October last year.
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