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Turkey eyes to establish production of 2 domestic car models

Business Materials 14 November 2017 15:28 (UTC +04:00)

Baku, Azerbaijan, Nov. 14

By Rufiz Hafizoglu – Trend:

Turkey plans to establish production of two car models within the domestic car production program, the country’s Ministry of Science, Industry and Technology told Trend Nov. 14.

At present, there are 200 cars per 1,000 Turkish citizens in the country.

“When the domestic car production starts in Turkey, every 1,000 citizens will have at least 600 cars,” the ministry said.

The ministry also noted that the prices for the new domestic car will correspond to the purchasing power of the Turkish population.

“Turkey further plans to export domestic cars,” the ministry said.

On Nov. 2, Turkish President Recep Tayyip Erdogan announced the names of companies that will take part in manufacturing of domestic cars in the country.

Anadolu Grubu, BMC, Kiraca Holding, Turkcell and Zorlu Holding are among them.

Erdogan said that starting from 2021, Turkey will start exporting domestic cars to the neighboring countries.

The Turkish president added that it is also planned to create a special commission, which will supervise the production of domestic cars.

Turkey ranks sixth in Europe in car production. Ford, FIAT, Renault, Toyota, Honda, Opel, Hyundai, Mercedes-Benz and MAN are currently assembled in Turkey.

Moreover, Turkey manufactures local brands of buses, such as BMC, Temsa and Otokar.

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Follow the author on Twitter: @rhafizoglu

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