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Temsa reports 252% growth in turnover between 2020 and 2023

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By Bradley Osborne - 1st May 2024

Turkey – Termomekanik Sanayi ve Ticaret AŞ (“Temsa”), a commercial vehicle manufacturer based in Adana, Turkey, has announced that, between 2020 and 2023, its turnover grew by 252% to USD387.5m in 2023.

The manufacturer reported total vehicle sales of 3,391 units in 2023 – a mixture of buses, coaches, and light commercial vehicles for the domestic market and for export. Exports to Western Europe reportedly grew by 78% in the 2020-2023 period. During the same timeframe, sales in EMEA and North America increased by 31% and 36% respectively.

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