Automotive Exports May 2019
Automotive Exports May 2019
Automotive Exports May 2019
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Honda to shut Turkish auto plant by 2021<br />
Honda Turkey Inc. has decided<br />
to terminate its automobile<br />
manufacturing operations in<br />
Turkey in 2021 following the<br />
completion of the existing production<br />
of the Civic Sedan model, the company<br />
said in a statement released.<br />
In a written statement, Honda<br />
Turkey has announced its decision to<br />
discontinue production at the Turkeybased<br />
factory.<br />
The statement revealed that the<br />
decision was made because of<br />
developments in the electrification<br />
field in the global automotive industry<br />
and the necessity of ensuring the<br />
appropriate production capacity based<br />
on these developments.<br />
“Having successfully maintained its<br />
automobile production activities in<br />
Turkey for 22 years, Honda Turkey is<br />
proud to have reached all of its goals<br />
in this period. Honda’s impressive<br />
performance in the last few years is<br />
the most important evidence of the<br />
company’s great confidence in the<br />
Turkish market. Therefore, Honda<br />
Turkey will continue to offer sales and<br />
after-sales operations beyond 2021 with<br />
high quality services that it offers to its<br />
customers. In this respect, automobile<br />
operations consisting of the import and<br />
distribution of vehicles in Turkey will<br />
continue without interruption. Honda<br />
Motorcycle operations will not be<br />
affected by this decision,” the official<br />
statement read.<br />
Honda Turkey Chairman Takuya<br />
Tsumura underlined in the statement<br />
that they are aware of the need to<br />
spearhead the rapidly changing<br />
market dynamics and technological<br />
developments, adding, “This situation<br />
inevitably affects our automobile<br />
production operations in Turkey.”<br />
Tsumura also stated that they will<br />
provide all kinds of support, including<br />
re-employment, to employees affected<br />
by the decision. Currently, the company<br />
employs approximately 1,100 peopl<br />
<strong>May</strong> <strong>2019</strong><br />
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