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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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