The Pulse of The BIST Automotive Index: A Sectoral Analysis Through Financial Performance Indicators

Authors : Yahya Kirmaz, Meltem Keskin, Cengiz Ceylan

Pages : 370-385

Doi:10.21180/iibfdkastamonu.1732524

View : 176 | Download : 282

Publication Date : 2025-12-29

Article Type : Research Paper

Abstract :The automotive sector stands out as one of the leading industries in the economic structure of industrialised countries and is directly connected to many sub-sectors. This study aims to analyse the financial performance of automotive companies listed on Borsa Istanbul (BIST) in Turkey and their sensitivity to macroeconomic indicators, including exchange rates, oil prices, and CDS premiums. Initially, the global and national position of the automotive sector is evaluated, followed by an emphasis on its strategic importance within the Turkish economy. In the analysis section, using data from the 2014–2024 period, the relationships between the stock returns of six leading automotive companies traded on BIST and selected macroeconomic variables are examined. The findings indicate that firms operating in the sector respond proactively to changes in economic indicators, which directly impact the sector\\\'s price performance. The results indicate that the automotive sector functions as an important indicator and sensitivity barometer for financial markets in Turkey.
Keywords : Otomotiv Sektörü, Makroekonomik Göstergeler, Borsa Performansı, Borsa İstanbul.

ORIGINAL ARTICLE URL