Yes its a part of circular motion because at the intersection of road when car takes a turn its path is a part of circular motion in which the radius of the path is taken by the curvature of the path.
So here while taking the turn we can say that the force equation force the centripetal direction is given as
here we have
= Net centripetal force
so on increasing the value of speed the condition of over turning will increase
So above statement is TRUE