While the number of incentive certificates granted to the automotive sector in the last five years has reached 715, TL 28 billion has been provided for investments in this period.
Industry and Technology Minister Mustafa Varank said Turkey’s first aluminum injection factory, which was founded in the northwestern province of Bursa for new generation hybrid vehicles within the scope of the government’s project-based incentive system, will help cut Turkey’s current account gap by $2.3 billion a year. While the domestic car is expected to be on the roads in 2021, the government has prepared a support program to promote the production of high-tech brand vehicles.
New steps will be taken under many headings, from special incentives for domestic electric buses to infrastructure suitable for new generation vehicles. Speaking of the developments in the automotive sector and the domestic automobile project, Varank said the automotive industry produces over 1.5 million units annually.
Denne historien er fra October 2019-utgaven av Automotive Exports.
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Denne historien er fra October 2019-utgaven av Automotive Exports.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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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
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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
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Turkish manufacturer enjoys 45% rise in overseas sales
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Turkish automotive sector keeps its lion's share in total exports
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