German automakers Volkswagen and Mercedes-Benz reported steep declines in first-quarter profits for 2025, citing weakening demand in China, rising production costs, and overcapacity
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The automotive industry’s exports surged 15 percent annually to reach $3.15 billion, according to the Uludağ Automotive Industry Exporters’ Association (OİB). This marked
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The ongoing tariff tensions are producing a complex global trade environment and reshaping global supply chains where Türkiye sees an emerging opportunity in
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