Türkiye’s EV maker Togg to launch 2nd model T10F this summer
Türkiye’s national carmaker Togg, founded under the leadership of President Recep Tayyip Erdoğan in June 2018, is preparing to launch its second electric model,
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Government proposes changes to special tax for some vehicles
The Turkish Government submitted a bill to Parliament aiming to limit some tax exemptions and make changes to special consumption tax (ÖTV) applications
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Welcome to the remarkable event Automechanika Mexico for the Automotive Aftermarket Industry in Latin America
INA PAACE Automechanika Mexico offers unparalleled opportunities to connect with new suppliers, explore cutting-edge product technologies, and engage in top-tier educational and networking
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Foreign trade deficit at $6.6 billion in May
Türkiye posted a foreign trade deficit of $6.6 billion in May, widening 2.7 percent compared to the same month of last year. The foreign trade gap, however,
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Türkiye’s export structure becomes more resilient and diversified
Data reveals that Türkiye’s export structure has become more resilient, with increased diversification in both products and destination countries, according to a study by researchers at
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Electric, hybrid car sales reach 42.9% market share in Türkiye in first 5 months
Electric and hybrid automobiles comprised 42.9% of Türkiye’s car market during the January-May period, with total sales reaching 169,246 vehicles, meaning 4 out
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Despite a series of external shocks, Turkish economic program not shaken
The structural resilience of the Turkish economy has been strengthened with the program the government is implementing, President Recep Tayyip Erdoğan said. He
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Chinese EV company BYD to expand European operations with high-tech investments
Chinese electric vehicle (EV) giant BYD is stepping up its expansion in Europe by setting up a new regional headquarters in Hungary, a
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China’s BYD cuts weekly shifts, halts expansion as demand cools
Chinese electric vehicle champion BYD has slowed its production and expansion pace in recent months by reducing shifts at some factories in China and
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Export climate for manufacturers continues to improve
The export climate for Turkish manufacturers continued to improve at the start of the second quarter of 2025, although to a lesser extent, as uncertainty around global
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