Turkey’s Car and Light Commercial Vehicle Sales Fall 13.4% in Nine Months

Sales of cars and light commercial vehicles in Turkey fell 13.39% in the first nine months of 2026, as high interest rates and tighter financing weighed on the market.

The decline reflected pressure on vehicle purchases as borrowing remained costly and access to financing became more restrictive.

Despite the overall downturn, hybrid and electric vehicles continued to increase their share of sales, marking a shift in the market’s composition.

Their growing share contrasted with the broader contraction, though it did not necessarily indicate an increase in the number of hybrid and electric vehicles sold.