Categories Business Company & Industry HIGHLIGHTS HYPED TOGG to receive 100,000 preorders in first weeek Cem CetingucPosted on24 March, 2023 Togg, Türkiye’s first domestically manufactured car brand, has announced that its first smart device model … Continue ReadingTOGG to receive 100,000 preorders in first weeek
Categories Company & Industry General HIGHLIGHTS TOGG: Price of Turkey’s first electric car unveiled Cem CetingucPosted on15 March, 2023 Türkiye’s first indigenous electric car maker Togg has unveiled the prices of its first model, with online pre-orders to begin … Continue ReadingTOGG: Price of Turkey’s first electric car unveiled
Categories Company & Industry Finance HIGHLIGHTS Turkish automobiles: Mostly a domestic story in 2023 Cem CetingucPosted on21 January, 2023 2023 more about domestic than exports, and more about pricing than volumes. A strong December … Continue ReadingTurkish automobiles: Mostly a domestic story in 2023
Categories Business Company & Industry HIGHLIGHTS Ford/LG partner up to build new battery plant in Turkey Cem CetingucPosted on13 January, 202313 January, 2023 The factory is slated to start operation as soon as 2025 with an annual capacity … Continue ReadingFord/LG partner up to build new battery plant in Turkey
Categories General Turkey’s EV sales skyrockets as TOGG is ‘on its way’ Cem CetingucPosted on7 November, 20227 November, 2022 Sales of electric vehicles (EVs) in Turkey rose nearly 150% in the period from January … Continue ReadingTurkey’s EV sales skyrockets as TOGG is ‘on its way’
Categories Business Company & Industry HIGHLIGHTS Markets Turkish auto industry is on a mission for market expansion Cem CetingucPosted on26 July, 2022 Turkey’s automotive industry, which makes some 80% of its exports to Europe, is now in … Continue ReadingTurkish auto industry is on a mission for market expansion
Categories Business Company & Industry HIGHLIGHTS Ford initiates massive battery plant in Turkey Cem CetingucPosted on17 March, 2022 Ford plans to build an electric-vehicle battery plant in Turkey with South Korean battery maker SK … Continue ReadingFord initiates massive battery plant in Turkey
Categories Business Company & Industry HIGHLIGHTS Turkish automotive production and exports fell in the first two months of 2022 Cem CetingucPosted on17 March, 2022 According to the January-February data of the Automotive Industry Association (OSD), total automotive production decreased … Continue ReadingTurkish automotive production and exports fell in the first two months of 2022
Categories Business Company & Industry HIGHLIGHTS $2 billion investment is on it’s way from Turkish Auto parts industry Cem CetingucPosted on25 January, 2022 Turkey’s automotive parts supplier companies plan to undertake investments worth $2 billion this year, up from … Continue Reading$2 billion investment is on it’s way from Turkish Auto parts industry
Categories Business Finance HIGHLIGHTS Turkish Automobiles: Still appealing in a world of uncertainties Cem CetingucPosted on13 January, 2022 Seeking supply/demand equilibrium. Our 2022 outlook for the Turkish auto industry is for slight to … Continue ReadingTurkish Automobiles: Still appealing in a world of uncertainties
Categories Economy General HIGHLIGHTS Markets Chip crisis, tax system fix: Turkey’s 2022 auto sector expectations Cem CetingucPosted on28 December, 2021 The automotive industry is about to put an “extraordinary” year behind it, top officials from … Continue ReadingChip crisis, tax system fix: Turkey’s 2022 auto sector expectations
Categories Company & Industry Markets Turkish motor vehicle production decreased 28% YoY in October Cem CetingucPosted on15 November, 2021 Automakers in Turkey produced 108,078 vehicles in October, including automobiles and commercial vehicles, according to … Continue ReadingTurkish motor vehicle production decreased 28% YoY in October
Categories Company & Industry Finance Turkish automobiles: Seeing the half glass full Cem CetingucPosted on13 September, 2021 Better to have a supply problem than a demand problem: As is the case for … Continue ReadingTurkish automobiles: Seeing the half glass full
Categories Company & Industry General Chip shortage forces Toyota Turkey to cease production Cem CetingucPosted on20 August, 202121 August, 2021 As the semiconductor shortage keeps bedeviling the automotive industry, Toyota is pausing production at its … Continue ReadingChip shortage forces Toyota Turkey to cease production
Categories Company & Industry Markets Turkish auto production exceeds 212,000 in Jan-Feb Cem CetingucPosted on12 April, 2021 Automotive production in Turkey, including light commercial vehicles, tractors, and automobiles, totaled 211,877 million units … Continue ReadingTurkish auto production exceeds 212,000 in Jan-Feb
Categories Business Company & Industry Turkish auto sales stuck at the bottom Atilla YeşiladaPosted on4 June, 20204 June, 2020 Passenger car and light commercial vehicle market down 2.4 percent in May Domestic automobile and … Continue ReadingTurkish auto sales stuck at the bottom
