Turkey Falls Foul Of Interest Rates

The sales slump in Turkey's automotive market deepened in the first few months of 2007, but this had no effect on production, which surged in line with growing demand from foreign markets. We believe that Turkey will witness a recovery in sales after 2007, while the automotive industry should continue to see strong growth as foreign automakers pump investment into the sector, according to BMI's latest Turkey Automotives

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