Automotive Industry
- Business
Automotive sales in Turkiye hit all-time high in January-November
Over 1M passenger cars, light commercial vehicles sold across Türkiye in first 11 months of this year, says industry group…
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Automotive industry became the locomotive of exports in Turkiye
The automotive industry was the sector that exported the most last month with $3 billion 172 million. According to the…
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Minister Kacir: Our trade volume with Hungary approached $4 billion
Minister of Industry and Technology Kacir said, “Our (Turkiye-Hungary) bilateral trade volume has approached $4 billion. There is a target…
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170 thousand vehicles were exported from Sakarya in 10 months
Of the 217 thousand 329 vehicles produced in Sakarya in 10 months, 170 thousand 422, corresponding to 78.4%, were sold…
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European car market expands 14.6% in October
New passenger car registrations almost reached 855,500 units last month, industry group report shows The European passenger car market grew…
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Turkiye’s vehicle registrations surge 80.4% in October
Nearly 185,000 vehicles registered last month, official data shows Road motor vehicle registrations in Türkiye soared 80.4% from a year…
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1962 Ferrari auctioned for $51.7 million in New York
A 1962 Ferrari 250 GTO sports car sold for $51.7 million in New York on Nov. 13, making it the…
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Hyundai Motor breaks ground on $1.5 billion EV plant in South Korea
Hyundai Motor Co broke ground on Monday on a 2 trillion won ($1.52 billion) plant dedicated to making electric vehicles…
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Turkiye: Auto production increases 19 percent in October
The automotive industry’s production increased by 18.6 percent in October from a year ago to 136,177, data from the Automotive…
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Chinese brands increasing share in Turkish auto market
Chinese carmakers are fast increasing their share in the Turkish market, but subsidies the Chinese companies receive from their government…
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