Turkish auto sales fall 28% in April

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ISTANBUL (Reuters) -- Turkish vehicle sales fell 28 percent in April to 53,305, data from the Automotive Distributors' Association (ODD) showed.

In the first four months, sales are down 26 percent year-on-year to 168,577, the association said on Tuesday.

The ODD has forecast sales of 800,000 to 860,000 vehicles this year, but warned in January that a tax hike on passenger cars and recent banking measures aimed at curbing Turkey's growing current account deficit could dent sales.

Last year, deliveries in the market rose 10 percent year-on-year to 853,378 vehicles.

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