The number of passenger cars in Turkey has been forecasted to increase steadily from 2024 to 2028, starting at 17.9 units per million USD GDP in 2024 and reaching 19.32 units per million USD GDP by 2028. The year-on-year variation indicates a consistent growth trend with slight increases: 2.07% from 2024 to 2025, 1.97% from 2025 to 2026, 1.88% from 2026 to 2027, and 1.79% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period averages at approximately 1.93%.
Future trends to watch for include potential impacts of economic fluctuations on vehicle affordability, advancements in automotive technology such as electric and autonomous vehicles, and evolving consumer preferences toward sustainable transportation options.
