20 percent growth is expected after automotive sales!

20 percent growth is expected after automotive sales!

19 April 2021 0 By administrator


Automotive After Sales Products and Services Association (OSS) evaluated the first quarter of the year with a survey study organized with the participation of its members. According to OSS Association’s First Quarter of 2021 Sectoral Evaluation Survey; There was an increase in domestic sales, employment and exports. In the survey; It was determined that in the first quarter of the year, domestic sales of members increased by an average of 4.17 percent compared to the last quarter of 2020. There was an increase of 2.35 percent in the sales of distributors and 6.09 percent in the producers. Domestic sales of members in the first quarter of the year; compared to the same period last year increased by an average of 13.41 percent.
Nearly 20 percent increase expectation

Participants were also asked about their expectations for domestic sales for the second quarter of the year. According to the survey; Compared to the second quarter of 2020, it was determined that an average increase of nearly 20 percent in domestic sales is expected in the second quarter of this year. Distributor members; It has been observed that their sales are expected to increase by 21.03 percent and the producers by 17.66 percent. In the study; collection processes were also discussed. In this context, two-thirds of the participants stated that there was no change in the collection processes in the first quarter of the year compared to the last quarter of 2020.

Shipping costs are on the rise

The survey also revealed the questions faced in the industry. While “volatility in exchange rates” came first among the problems experienced in the sector in the first quarter of 2021, “cargo cost / delivery problems” and “supply problems” were included. There was a decrease in the number of members who had problems with “loss of motivation due to pandemic” and “problems in customs” compared to last year. While 93.9 percent of the participants said that their primary problem was the “exchange rate / exchange rate increase”, the rate of those who gave the same answer was 87.1 percent last year. According to the survey, the proportion of members experiencing “shipping costs / delivery problems” increased from 52.9 percent to 65.2 percent this year. While the rate of those who stated that they experienced “loss of business and turnover” was 28.8 percent, this rate was 21.4 percent last year. In the first quarter of the year, there was a decline in the rate of members who had problems with cash flow. While the rate of members experiencing the problem was 37.9 percent last year, this rate dropped to 28.8 percent in the first quarter of the year.

Nearly 14 percent rise in exports!

In addition to all these, it was determined that 61.8 percent of the distributor companies participating in the survey and 81.2 percent of the manufacturer companies export. In the first quarter of the year, exports of producer members increased by an average of 9.06 percent in dollar terms compared to the previous quarter. In the study, the change in exports in dollar terms in the first quarter of this year compared to the first quarter of last year was also discussed. In the first quarter of the year, exports of producer members increased by an average of 13.91 percent in dollar terms compared to the first quarter of 2020.