![Turkish manufacturer enjoys 45% rise in overseas sales](https://magarticles.magzter.com/articles/5711/367892/5d8c6cf5bc242/Turkish-manufacturer-enjoys-45rise-in-overseas-sales.jpg)
The announcement comes as the company celebrates the 65th anniversary of its foundation. TürkTraktör manufactured some 10,056 tractors and 6,338 engines in the first six months of the year, meeting 75% of Turkey’s total tractor production.
The company, which exports tractors to more than 130 countries, increased the quantity of overseas sales by 20% to 7,562 units compared to the same period the previous year. The company had 88% of Turkey’s total tractor exports in this period.
Esta historia es de la edición August 2019 de Automotive Exports.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición August 2019 de Automotive Exports.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
![Turkish Auto Industry Eyes Over $500M In Exports To Russia](https://reseuro.magzter.com/100x125/articles/5711/391954/5df2225d14e1d/crp_Turkish-Auto-Industry-Eyes-Over-500m-In-Exports-To-Russia.jpg)
Turkish Auto Industry Eyes Over $500M In Exports To Russia
The leader of national exports, Turkey’s automotive industry expects its exports to Russia to exceed $500 million in 2019, according to the vice-chairman of the Uludag Automotive Industry Exporters Association (OIB).
![Turkey Grants TL 28B In Support To Auto Industry](https://reseuro.magzter.com/100x125/articles/5711/391954/5df2290204e20/crp_Turkey-Grants-TL-28B-In-Support-To-Auto-Industry.jpg)
Turkey Grants TL 28B In Support To Auto Industry
Turkey, seen as having the best chance to host the new factory of German carmaker Volkswagen, has been the investment base of the automotive industry over the last five years.
![Volvo's Electric Brand Polestar Inaugurates China Factory With Exports To US, Europe On Sight](https://reseuro.magzter.com/100x125/articles/5711/391954/5df22409afd68/crp_Volvos-Electric-Brand-Polestar-Inaugurates-China-Factory-With-Exports-To-US-Europe-On-Sight.jpg)
Volvo's Electric Brand Polestar Inaugurates China Factory With Exports To US, Europe On Sight
Amid rising trade tension, Volvo’s electric brand, Polestar, is going ahead with plans to export its first Chinese-made model to the United States next year, the automaker’s CEO said. Polestar opened a factory in the western city of Chengdu to produce the Polestar 1, a two-door, gasoline-electric hybrid coupe with a carbon-fiber body.
![OECD Revises Turkey's Growth Estimate,cuts Global Outlook To Post-Crisis Low](https://reseuro.magzter.com/100x125/articles/5711/391954/5df21e536abe0/crp_OECD-Revises-Turkeys-Growth-Estimatecuts-Global-Outlook-To-Post-Crisis-Low.jpg)
OECD Revises Turkey's Growth Estimate,cuts Global Outlook To Post-Crisis Low
The Organization for Economic Co-operation and Development (OECD) made a major revision in its projection for Turkish economic growth in 2019, as it warned about escalating trade tensions are eroding global growth prospects,
![Turkey To Attract More FDI Despite Global Reduction](https://reseuro.magzter.com/100x125/articles/5711/391954/5df226b2c009a/crp_Turkey-To-Attract-More-FDI-Despite-Global-Reduction.jpg)
Turkey To Attract More FDI Despite Global Reduction
Having received around $13 billion in foreign direct investment (FDI) in 2018, Turkey will continue to attract more investments from across the globe, according to strategist and analyst Cüneyt Paksoy.
![Foreign Direct Investment Records 6.3% Rise In First Half](https://reseuro.magzter.com/100x125/articles/5711/391954/5df22817c20fe/crp_Foreign-Direct-Investment-Records-63-Rise-In-First-Half.jpg)
Foreign Direct Investment Records 6.3% Rise In First Half
Foreign direct investment (FDI) in Turkey increased by 6.3% from June last year to June 2019, reaching approximately $12.4 billion.
![Turkish Auto Sector Records Rising Exports To European Union](https://reseuro.magzter.com/100x125/articles/5711/391954/5df2211f5b6af/crp_Turkish-Auto-Sector-Records-Rising-Exports-To-European-Union.jpg)
Turkish Auto Sector Records Rising Exports To European Union
The automotive sector, the engine of Turkish exports, achieved $1.3 billion in exports to European Union countries in August, an increase of nearly 10% compared to the same month last year.
![Cezeri, Turkey's First Flying Car Debuts At Teknofest](https://reseuro.magzter.com/100x125/articles/5711/391954/5df21cd7af22b/crp_Cezeri-Turkeys-First-Flying-Car-Debuts-At-Teknofest.jpg)
Cezeri, Turkey's First Flying Car Debuts At Teknofest
Turkey’s first flying car, Cezeri became the most notable product at this year’s Teknofest, the country’s top aerospace and technology festival visited by nearly 2 million people from Sept. 17-22.
![Turkish manufacturer enjoys 45% rise in overseas sales](https://reseuro.magzter.com/100x125/articles/5711/367892/5d8c6cf5bc242/crp_Turkish-manufacturer-enjoys-45rise-in-overseas-sales.jpg)
Turkish manufacturer enjoys 45% rise in overseas sales
TürkTraktör, the Turkish automotive industry’s first manufacturer that is still operational, saw its overseas sales turnover increase by 45% in the January-June period, the company said in a statement.
![Turkish automotive sector keeps its lion's share in total exports](https://reseuro.magzter.com/100x125/articles/5711/367892/5d8c704bee93a/crp_Turkish-automotive-sector-keeps-its-lions-share-in-total-exports.jpg)
Turkish automotive sector keeps its lion's share in total exports
It is reported by Automotive Manufacturers Association (OSD) that automotive sector keeps its lion’s share in Turkey’s total exports during the first six months of the year.