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Türkiye to again be focus of investors as volatility fades
Treasury and Finance Minister Mehmet Şimşek said that Türkiye’s growth is not constrained by debt and the country would again start attracting investors once the domestic and global market volatilities …
Türkiye to again be focus of investors as volatility fades Read More
Tesla’s EU sales plunge 49 pct in first two months of 2025
European sales of Tesla electric cars dropped 49 percent in January-February compared with the same period a year earlier, the ACEA manufacturers’ association said. Ageing models are one factor behind …
Tesla’s EU sales plunge 49 pct in first two months of 2025 Read More
Türkiye logs second-highest April exports
Türkiye has registered its second-highest April exports on record, Trade Minister Ömer Bolat said, but imports still outpaced growth in outbound shipments. Exports rose 8.5% compared to a year ago …
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Opportunities await Türkiye amid US-China trade war, tariffs
The trade wars between the U.S. and China could bring Türkiye to the forefront. One economist and representative of the Turkish business world commented, “It won’t be easy for the …
Opportunities await Türkiye amid US-China trade war, tariffs Read More
Honda to open motorcycle factory in Türkiye’s Izmir, reports say
Honda has begun work on a motorcycle factory in Izmir with an investment of 861 million Turkish lira (about $26.7 million), according to reports in the Turkish press. The company …
Honda to open motorcycle factory in Türkiye’s Izmir, reports say Read More
Mercedes, Stellantis suspend guidance amid tariff-related dubiety
German automaker Mercedes-Benz and Jeep-maker Stellantis suspended their earnings guidance for 2025 amid growing uncertainty caused by tariffs imposed by U.S. President Donald Trump, which appear to be increasingly weighing …
Mercedes, Stellantis suspend guidance amid tariff-related dubiety Read More
Piksan CNC: Türkiye’s local power in high-precision exports
Operating from a 4,500 m² smart facility in Istanbul’s İMES Industrial Zone, Piksan CNC Metal Processing is scaling its growth through precision manufacturing and export-oriented strategy. With its Toolex brand, …
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Volvo, Tesla prioritize Türkiye amid surge in electric vehicle demand
European factories are increasingly focusing production on Türkiye as strong demand for electric vehicles (EVs), fueled by significant tax incentives, continues to grow. Volvo and Tesla have both announced production …
Volvo, Tesla prioritize Türkiye amid surge in electric vehicle demand Read More