Automotive Exports September 2020
Automotive Exports September 2020
Automotive Exports September 2020
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Turkish
automotive
industry
prospering
Turkey’s Automobile Joint Venture Group,
known as TOGG, will produce five different
models on a joint platform with fully-owned
intellectual and industrial property rights by
2030. The first of these Turkish vehicles are
expected to hit the market in 2022.
become an important part of the global
value chain of international OEMs. Meeting
and exceeding international quality
and safety standards, today’s Turkish
automotive industry is highly efficient
and competitive thanks to value-added
production. As part of its commitment to
transforming its automotive industry, which
has historically been a key economic driver
in integrating the Turkish economy with
the global value chain, and to its vision of
making Turkey an economic powerhouse,
Turkey has recently introduced its own
locally-developed born-electric car built
upon strength stemming from the country’s
long-standing know-how in the area.
Accordingly, Turkey’s Automobile Joint
Venture Group, known as TOGG, will
produce five different models on a joint
platform with fully-owned intellectual and
industrial property rights by 2030. The first
of these Turkish vehicles are expected to
hit the market in 2022.
•Leveraging a competitive and highlyskilled
workforce combined with a dynamic
local market and favorable geographical
location, the vehicle production of 9 global
OEMs in Turkey has increased by almost
five times from 300,000s in 2002 to over
1.5 million units in 2018. This represents
a compound annual growth rate (CAGR)
of around 10 percent during that period.
Over the past five years alone, MAN has
increased its production by 143 percent,
Toyota by 95 percent, Ford by 52 percent,
and Fiat by 35 percent.
The foundation of Turkey’s automotive
industry dates back to the early
1960s. During a period of rapid
industrialization and progress, this key
sector transformed itself from assemblybased
partnerships to a full-fledged
industry with design capability and
massive production capacity. Since 2000,
original equipment manufacturers (OEM)
have invested over USD 15 billion in their
operations in Turkey. These investments
significantly expanded their manufacturing
capabilities, which in turn led Turkey to
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