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Turkey

A collection of 3 posts
Turkey's car industry, looking for new markets in place of Europe's decline
Turkey

Turkey's car industry, looking for new markets in place of Europe's decline

Turkey's auto industry, which accounts for around 80% of its exports to Europe, is now looking to alternative markets as sales in the region begin and are expected to fall further. The semiconductor crisis and supply problems continue to have a negative impact on the automotive industry. In the first
Jul 25, 2022 3 min read
Hyundai wants full control of Turkish car factory
Turkey

Hyundai wants full control of Turkish car factory

Hyundai has requested to take full control of its plant in Turkey by purchasing a 30 percent stake now held by Kibar Holding
Dec 18, 2020
Turkish bus manufacturer Otokar Otomotive signs deal to produce Iveco Bus models
Carmakers

Turkish bus manufacturer Otokar Otomotive signs deal to produce Iveco Bus models

Turkish bus manufacturer Otokar Otomotiv said it has signed an agreement with its peer Iveco Bus, a brand of the Netherlands-based capital goods company CNH Industrial, to manufacture products under this brand in Turkey. The partnership includes the production of existing Iveco Bus models for international distribution, as well as
Mar 17, 2020 1 min read
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