Turkish auto sales rise 7.4% year-on-year
Sales of passenger cars and light commercial vehicles in Türkiye jumped 7.4% year-on-year in May to 107,730 units, the data from the top
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Turkiye
Hyundai launch new electric SUV in Türkiye, plans local EV production by 2026
Korean auto titan Hyundai is set to launch its first electric vehicle production in Türkiye by August 2026 at its manufacturing plant in
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Hitachi energy invests $70M transformer manufacturing facility
Hitachi Energy announced a $70 million investment to expand its transformer manufacturing operations in Türkiye’s Kocaeli by establishing a new production facility. The
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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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Automotive industry’s exportssurpass $3.1 billion in April
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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Automotive Industry Eyes Gains from Trade Shifts
Baran Celik, president of the Uludag Automotive Industry Exporters’ Association (OIB), said the United States’ newly announced customs tariffs present both “opportunities and
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Hyundai to Start EV Output in Türkiye by 2026
South Korean car giant Hyundai plans to begin electric vehicle production at its factory in Türkiye’s northwestern Kocaeli province in the second half
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Plant with 200,000 capacity in Samsun to produce Chery cars
A plant set to be constructed in the Black Sea province of Samsun, with an annual capacity of 200,000, will manufacture Chery-brand vehicles,
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Türkiye’s EV sales up 257% in 5 months
Türkiye saw over 27,600 fully electric car sales in the first five months of the year, marking a staggering 257.3% rise when compared
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Auto Exports Reach $3.2B in May
The local automotive industry’s export revenues have increased 6.3 percent in May from a year ago to $3.2 billion, according to the Automotive
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