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The sale of commercial vehicles in Turkey are down significantly year over year so far in 2019, due in part by an expiration of tax incentives.
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A diverse economy and strong automotive market thrive amidst political uncertainty and regional instability.
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Ford Otosan is investing $52 million toward one of its manufacturing facilities in Turkey to increase the output of Transit, Transit Custom, and Toruneo Custom vehicles for the European commercial fleet market.
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Turkish automotive production through the first six months of 2017 has risen 20% year-over-year to 869,158 vehicles, according to Reuters.
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Turkey’s auto production hit a 10-year high during the first four months of 2017, which rose by 42% when compared to last year.
Read More →In the first three months of 2017, Turkey’s Humanitarian Relief Foundation (IHH) has dispatched over 1,000 trucks loaded with humanitarian aid to Syrians, according to the Anadolu Agency.
Read More →There are more than 17 million vehicles in Turkey, of which 40% are fleet vehicles. Fewer than 13% of the population in Turkey either owns or drives a vehicle, according to research by 'Automotive Fleet' magazine. In terms of fleet passenger cars, only 10% of the 2.4 million company cars in Turkey are leased, but demand for fleet leasing has been growing.
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Fleet sales are a very important component of the European automotive market, accounting for more than half of all vehicle sales in some country markets.
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İmza Lojistik has updated its fleet with 400 Mercedes-Benz Actros 1844 LS trucks. The Turkish logistics company is using them to replace 300 vehicles from its existing fleet and also expand it by 100 new trucks.
Read More →Nissan has taken direct control and ownership of its sales operations in Turkey as the Japanese car maker pursues a growth strategy in the country.
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