Automotive Industry
- Business
Turkiye: Car sales may reach around 500,000 in first half
The combined sales of passenger cars and light commercial vehicles are expected to surpass 435,000 in the first five months,…
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Hyundai and LG announce $4.3 billion plant in Georgia
Hyundai Motor Group and LG Energy Solution have announced they will build a $4.3 billion electric battery plant as part…
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Chinese carmakers making inroads into Turkish market
Chinese carmakers are increasing their share in the Turkish market, boosting sales by nearly tenfold since the start of the…
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Sakarya exported 82.9% of the 84 thousand 413 vehicles it produced in 4 months
70 thousand 54 of which correspond to 82.9% of 84 thousand 413 vehicles produced in Sakarya in the first 4…
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The world leader in automotive exports has changed: Japan now ranks second
China has announced that it has overtaken Japan in the first three months of the year to become the world’s…
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Turkiye: Automotive exports top $11 billion in January-April
Turkiye’s automotive industry boosted its export revenues by 11 percent on an annual basis in the January-April period to $11.3…
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Turkiye increased its tractor exports by 91% in the first quarter of the year
Sector representatives increased their tractor exports, which were $302 million 734 thousand in the January-March period last year, to $578…
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Global automakers fall behind as BYD takes the lead in China’s electric vehicle market
China’s auto market, the world’s largest, is accelerating toward an electric future leaving established global brands stuck in the slow…
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Turkish automotive industry broke a record in exports in March
Turkiye’s automotive industry broke a historical record on a monthly basis with exports of $3.3 billion in March. March export…
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In the first quarter of the year, an export of $2.7 billion was made from Ankara
Exports from Ankara in the January-March period of this year increased by 7% compared to the same period of the…
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