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Turkish auto industry groes 59 pct so far this year, easily outpacing European rivals

Turkish auto industry groes 59 pct so far this year, easily outpacing European rivals

Despite measures to cool down Turkey's economic growth, the gap between Turkish automotive industry's growth and the European one is widening. The Turkish auto industry grew 59% in the first five months of 2011, far outpacing European growth of 1.4%. Turkey also retained its number two position for sales of light commercial vehicles in May, together with its number three ranking for the five-month period.

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