Turkish auto industry expects recovery in second half
Taylan Özgür Dil-ISTANBUL
Cengiz Eroldu, chairman of the Automotive Manufacturers Association (OSD), said the contraction in automotive production during the first six months of the year was “a temporary situation” and that the industry expects a recovery in the remainder of the year.
Speaking at a press conference held in Istanbul last week on the OSD’s first-half results, Eroldu said automotive production declined by 6 percent year-on-year.
“There are two reasons for this. In the first six months, we lost five to six working days due to long holiday periods,” Eroldu said.
