Türkiye sees surge in vehicle registrations in March

Türkiye witnessed a significant rise in road motor vehicle registrations in March 2025, according to figures released Friday by the Turkish Statistical Institute (TurkStat).
A total of 195,682 new vehicle registrations were recorded during the month, marking a 43% increase compared to February.
Cars accounted for 48.5% of March registrations, followed by motorcycles at 36.1%, small trucks at 9.7%, tractors at 2.5%, trucks at 1.9%, minibuses at 0.8%, buses at 0.4%, and special purpose vehicles at 0.1%. Motorcycles saw the largest monthly increase at 58.2%, while buses, minibuses, and special purpose vehicles declined by 25.2%, 21.3%, and 13.0%, respectively.
By the end of March, Türkiye’s total registered road motor vehicles reached 31.8 million, with cars comprising 51.9%, motorcycles 20.1%, and small trucks 14.9%. In March alone, 821,238 vehicles were transferred, with cars making up 67.6% of these transactions.
Of the 94,939 cars registered in March, Renault led with an 11.4% share, followed by Toyota (8.6%), Peugeot (7.8%), and Volkswagen (6.5%). Other notable brands included Hyundai, Fiat, and BMW. From January to March, 498,226 vehicles were registered, down 21.4% from the same period last year, while vehicle withdrawals rose 55.9% to 10,592.
Among the 268,005 cars registered in the first quarter, 48.9% were gasoline-powered, 27.7% hybrid, 12.9% electric, 9.6% diesel, and 0.9% LPG. At the end of March, diesel cars made up 33.7% of the 16.5 million registered cars, followed by LPG (31.4%) and gasoline (30.5%). Hybrid and electric cars accounted for 2.8% and 1.3%, respectively.
Cars with engine sizes of 1300 cc or less were the most common, representing 32.4% of first-quarter registrations. Grey was the most popular car color at 39.6%, followed by white (26.3%) and black (12.1%).
TurkStat’s data highlights a robust monthly uptick in vehicle registrations, driven by motorcycles and small trucks, though annual declines reflect ongoing market challenges. (ILKHA)
LEGAL WARNING: All rights of the published news, photos and videos are reserved by İlke Haber Ajansı Basın Yayın San. Trade A.Ş. Under no circumstances can all or part of the news, photos and videos be used without a written contract or subscription.
Türkiye’s disinflation efforts are on track to reduce inflation to single digits by 2027, Treasury and Finance Minister Mehmet Şimşek told Reuters in an interview, emphasizing the government’s commitment to maintaining the process despite potential challenges.
Türkiye’s Treasury and Finance Minister Mehmet Şimşek announced that the country has secured more than $7 billion in external financing from international organizations in 2025, signaling robust global confidence in Türkiye’s economic strategy.
Türkiye's Consumer Price Index (CPI) rose sharply by 33.52% year-on-year in July 2025, according to data released by the Turkish Statistical Institute (TurkStat) on Monday, highlighting persistent inflationary pressures in the country.
The U.S. President Donald Trump signed an executive order on Thursday that slaps dozens of countries with steep tariff hikes, a move critics warn will destabilize global trade and jack up costs for American consumers.