Turkey performs well in auto industry sector in 2015 thanks to many foreign investments

Turkey, a country with major problems originating from the Middle East turmoil and internal political problems it has to solve, is reported to accomplish considerably good economic performances in some fields. Among these sectors is the automotive industry and figures show that the country broke production & export records in 2015. According to More...

by Editor | Published 1 year ago
By admin On Saturday, October 25th, 2014

Turkey: Production of motor vehicles goes up by 4 percent year-on-year (y-o-y) in September

Turkey’s production of motor vehicles rose by 4 percent year-on-year (y-o-y) in September, according to the data by the Automotive Manufacturers’ Association (OSD). A manufacturing hub for global auto makers, More...

By admin On Thursday, December 20th, 2012

Turkey: A global player in world tractor market

It was announced by the Turkish Agricultural Machinery and Equipment Manufacturers Association ( TARMAKBIR) that one out of every 3 tractors produced in Turkey had been sold to the USA known as the major source More...

By admin On Thursday, December 13th, 2012

Toyota Turkey to increase exports with the new Corolla

Toyota Turkey to hit USD 2.5 billion in exports with the new Corolla Toyota Turkey is reported to focus on exports from Turkey. It was also expressed that the target export volume would be about USD 2.5 billion. It More...

By admin On Monday, December 10th, 2012

Gaz opens commercial vehicles factory in Turkey

It was stated by Adil Goren, Board Chairman of the company that the vehicles assembled in Turkey would be sent to domestic and foreign markets from Turkey. The facility built with with a 15 million euro investment More...

By admin On Thursday, November 29th, 2012

Hyundai & Karsan to invest US$ 260 m in LCV production in Turkey

Hyundai of South Korea and Turkish automotive company Karsan will jointly invest USD 260 million for the production of Hyundai branded light commercial vehicle (LCV) models of various configurations in Turkey. According More...

By admin On Sunday, November 4th, 2012

AutoShow 2012 starts in Istanbul

Istanbul Autoshow has opened its doors to the automobile enthusiasts for the 14th time in 2012 with the slogan “Show Your Power”. The event is accepted to be one of the most significant milestones in More...

By admin On Tuesday, October 2nd, 2012

Turkish Toyota to carry more locally produced parts

The new Corolla, slated to enter production in the first half of 2013 in Toyota’s Sakarya plant in northwestern Turkey, will carry more locally-procured parts than the previous Toyota-branded vehicles manufactured More...

By admin On Monday, October 1st, 2012

Turkish auto makers concerned about tax rise on automobiles

An unexpected hike in special consumption tax on automobiles worries market actors as the demand is already on a sharp fall from last year. ‘How can we do planning?’ asks the head of distributors’ association The More...

By admin On Tuesday, September 25th, 2012

Japanese tire maker Sumitomo to invest USD 500 m in Turkey

Japanese tire maker Sumitomo Rubber Industries is set to invest USD 500 million in a manufacturing plant in Turkey’s Central Anatolian province of Cankiri in partnership with Abdülkadir Ozcan A.S. The third largest More...