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Report market but once more at +115.4%, Chery outsells Hyundai, Toyota – Finest Promoting Automobiles Weblog


Chery sells over 5,000 units in Türkiye in July with just 3 models.

Note the June 2023 report has been updated with a Top 30 models.

It’s another record for the Turkish new light vehicle market in July with sales up a whopping 115.4% to 112,459 units, smashing its previous July best of 87,401 sales hit in July 2020. Every single month of the year so far has been a monthly record which brings the year-to-date tally up 63.1% to an all-time high 668,828 units after 7 months. We detailed in the June 2023 report the reasons behind this market surge and they range from minimum wages rising 55% and low interest rates at 8.5% vs. 40% of inflation. In this context Fiat (+35.1%) reclaims the brands top spot but vastly trails the market, keeping in mind July 2022 was a particularly good month for the Italian manufacturer as it broke its market share record to 26.2%. Volkswagen (+119.8%) matches the market and climbs 6 spots on June to #2, distancing Ford (+157.3%) and Peugeot (+566.8%). Renault (+68.6%) falls from #1 in June to #5 with 6.7% share vs. 9.9% so far this year. Opel (+257.8%) and Citroen (+218.5%) also impress in the remainder of the Top 10 while Chery is up two ranks on last month to #8, now outselling Hyundai (#9) ad Toyota (#11).

Previous month: Türkiye June 2023: Another record with sales up 38.1%

One year ago: Türkiye July 2022: Fiat (+93.6%) breaks share record again

Full July 2023 Top 47 All brands ranking below.

Turkey July 2023 – brands:

Pos Brand Jul-23 % /22 Jun 2023 % /22 Pos FY22
1 Fiat 18,478 16.4% 35.1% 2 119,645 17.9% 57.8% 1 1
2 Volkswagen 11,892 10.6% 119.8% 8 51,610 7.7% 49.6% 4 4
3 Ford 11,656 10.4% 157.3% 3 62,459 9.3% 69.2% 3 3
4 Peugeot 8,148 7.2% 566.8% 6 49,040 7.3% 199.6% 5 9
5 Renault 7,520 6.7% 68.6% 1 66,225 9.9% 23.1% 2 2
6 Opel 7,328 6.5% 257.8% 4 46,046 6.9% 143.7% 6 7
7 Dacia 6,235 5.5% 74.8% 12 27,660 4.1% 28.7% 10 8
8 Chery 5,030 4.5% new 10 14,787 2.2% new 13  –
9 Hyundai 5,010 4.5% 43.1% 9 32,833 4.9% 20.2% 8 6
10 Citroen 4,296 3.8% 218.5% 5 36,326 5.4% 153.0% 7 10
11 Toyota 4,264 3.8% 42.9% 7 28,066 4.2% 6.7% 9 5
12 Skoda 2,579 2.3% 155.1% 13 20,388 3.0% 89.1% 11 14
13 Audi 2,008 1.8% 179.7% 15 12,859 1.9% 63.4% 14 16
14 BMW 1,965 1.7% 44.6% 17 12,505 1.9% 59.7% 15 15
15 Mercedes 1,924 1.7% 75.1% 11 14,857 2.2% 37.5% 12 11
16 Kia 1,828 1.6% 16.2% 14 11,971 1.8% 22.7% 16 13
17 MG 1,820 1.6% 22650.0% 25 5,094 0.8% 698.4% 21 27
18 Honda 1,618 1.4% 21.3% 16 11,056 1.7% -14.0% 17 12
19 Nissan 1,460 1.3% 386.7% 20 8,257 1.2% 68.6% 18 17
20 Volvo 1,273 1.1% 726.6% 18 6,430 1.0% 93.9% 19 18
21 Cupra 1,086 1.0% 1740.7% 19 4,715 0.7% 291.0% 22 22
22 Suzuki 993 0.9% 480.7% 24 2,903 0.4% 239.9% 23 20
23 Seat 918 0.8% 150.1% 21 5,297 0.8% 33.2% 20 19
24 Togg 627 0.6% new 23 1,435 0.2% new 28  –
25 DS 570 0.5% 211.5% 22 2,707 0.4% 230.5% 24 26
26 Jeep 394 0.4% 545.9% 27 1,773 0.3% 20.1% 25 23
27 Alfa Romeo 297 0.3% 9800.0% 31 1,596 0.2% 3611.6% 26 31
28 Isuzu 235 0.2% 193.8% 29 1,476 0.2% 80.4% 27 25
29 Land Rover 224 0.2% -1.3% 32 1,373 0.2% 73.6% 30 28
30 Mini 219 0.2% 110.6% 30 1,208 0.2% 134.6% 31 29
31 SsangYong 127 0.1% 32.3% 34 834 0.1% 47.9% 32 30
32 Iveco 91 0.1% -53.1% 26 1,375 0.2% -7.3% 29 21
33 Porsche 69 0.1% -17.9% 35 694 0.1% 106.5% 34 32
34 Maserati 65 0.1% 242.1% 38 372 0.1% 327.6% 36 37
35 Skywell 50 0.0% new 28 621 0.1% new 35  –
36 Lexus 43 0.0% 138.9% 37 302 0.0% 72.6% 38 35
37 Subaru 35 0.0% 16.7% 33 714 0.1% 111.9% 33 33
38 Leapmotor 20 0.0% new 36 220 0.0% new 41  –
39 Mazda 20 0.0% -31.0% 40 123 0.0% 23.0% 42 38
40 Mitsubishi 19 0.0% -84.7% 39 326 0.0% -79.2% 37 24
41 Karsan 12 0.0% -40.0% 41 238 0.0% 34.5% 40 36
42 Bentley 4 0.0% n/a 44 20 0.0% 122.2% 44 42
43 Jaguar 2 0.0% -75.0% 43 70 0.0% 62.8% 43 39
44 Aston Martin 2 0.0% -33.3% 45 16 0.0% 14.3% 45 40
45 Ferrari 2 0.0% 0.0% 47 14 0.0% 0.0% 46 41
46 Lamborghini 2 0.0% n/a 46 10 0.0% 233.3% 47 43
47 DFSK 1 0.0% -94.4% 42 282 0.0% 44.6% 39 34

Source: ODMD

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