ANKARA: Trkiye's automotive production dove 26.7% at an annualized pace in August, reaching 53,502 vehicles, according to an Automotive Manufacturers Association (OSD) report released on Monday. Passenger car output decreased by 40.4% from a year ago to 29,398 units last month. Automotive exports, including cars and commercial vehicles, also dropped 17.3% to 57,856 units year-on-year. Trkiye generated $2.7 billion in income from vehicle exports in August, falling 5.1% in the same period. However, the domestic auto market grew 0.4% from the prior year with total sales totaling 93,792 units. Major international automakers such as Ford, Honda, Hyundai, Mercedes, Renault, and Toyota operate factories in Trkiye, a significant global auto market. In January-August, Trkiye's vehicle production fell 7% year-on-year to 877,152 units. Passenger car production saw a softer annual decline of 4.7%, amounting to 571,575 units in the 8-month period. Source: Anadolu Agency