Automotive Exports Magazine
New commercial vehicle registrations reach over 167,000, says manufacturers’ association ANKARA – The EU market for commercial vehicles posted a very modest increase, with new registrations up 0.1% to 167,315 …
EU: Commercial vehicle market slightly up in November Read More
Automotive Aftermarket size will likely exceed USD 1,100 billion by 2026; according to a new research report by Global Market Insights, Inc. Increasing vehicle ownership and advent of e-commerce to drive …
Automotive aftermarket size worth over $1,100 Bn by 2026 Read More
Turkey’s exports reach $166B in 2020 as of Dec. 25 ISTANBUL – Turkey’s annual exports exceeded the 2020 target of $165.9 billion as of Dec. 25 by reaching $166 billion, …
Turkey’s exports exceed 2020 target, Trade Minister Read More
Aviation sector to try returning to pre-pandemic figures in 2021, says head of Turkish Airlines Turkey’s national flag THY ranked 2nd with 626 daily flights in 2020 ISTANBUL – The year …
2020: Most challenging year of aviation history Read More
As part of cooperation with global battery giant Farasis, joint venture to be formed in Turkey, CEO Karakaş says ISTANBUL – The first Turkish car’s batteries will be produced domestically, …
CEO of TOGG: “1st Turkish car’s battery to be made indigenously” Read More
Temsa Motor Vehicles offered for sale by Mitsubishi L200 in Turkey has been the most preferred pick-up in 2020 as well after its same success realized in 2018 and 2019. …
Mitsubishi L200 is the best seller pick-up again in 2020 Read More
The country allocates $18.5B for 2021 new investments. Transport and communications projects to take lion’s share with $5.7B, followed by education with $2.66B ISTANBUL – Turkey released an investment program …
Turkey is determined to grow by new investments Read More
German carmaker applied for liquidation last December after opening local firm in Turkey in 2019 ANKARA – Turkey’s industry minister Mustafa Varank said that the decision by Volkswagen to pull …
Minister Varank: ‘Volkswagen pull out decision politically motivated’ Read More
Italian-American, French companies form new entity named Stellantis ISTANBUL – Fiat Chrysler (FCA) and France’s Groupe PSA have completed their merger to establish Stellantis, a joint press release said recently. FCA, …
Automakers Fiat Chrysler, PSA complete merger Read More
2020 posts biggest yearly drop in car demand, with new car registrations falling by 3M compared to 2019ANKARA – The EU passenger car market narrowed by 23.7% to 9.9 million …
EU passenger car market contracts 23.7% in 2020 Read More