OIB attended the IAA Mobility Summit 2023 Fair in Germany

Uludag Automotive Industry Exporters’ Association (OIB) participated in the IAA Mobility Summit 2023 Fair held in Munich, Germany.

According to the statement made by the association, 730 companies from 36 countries took part in the fair held in Munich on September 4-8.

While Germany participated in the fair with 350 companies, France, Taiwan, Sweden, Portugal, Hungary, Israel and Canada made national participation. 7 Turkish automotive companies participated in the fair, which was held on an area of 21 thousand square meters in 6 halls.

OIB Chairman Baran Celik, OIB Board Members Zeki Safak Ozan and Leon Kalma attended the fair on behalf of OIB.

On the second day of the fair, Turkish Republic Consul General in Munich Sualp Erdogan, Munich Education Attaché Akın Deveci, Munich Commercial Attachés Recep Aslan and Ali Bayraktar visited the OIB stand.

Germany is the largest market in the Turkish automotive industry. The automotive sector, which realized $4.4 billion of exports to Germany in 2022 with an increase of 5% compared to 2021, continued its growth this year as well.

In the January-August period, exports to Germany exceeded $3.2 billion with an increase of 13.5% compared to the same period of 2022. While Germany had a share of 14.2% in the total exports of the automotive industry last year, it managed to get a share of 14% in the January-August period.

With its performance until the end of this year, the sector aims to surpass last year’s export figure and bring its exports to Germany closer to $5 billion.

Source: AA / Prepared by Irem Yildiz

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