Turkey

Fiat has given Tofas, its Turkish joint venture with local conglomerate Koc Holding, the rights to sell and provide post-sale servicing of Chrysler, Jeep and Dodge cars in the country... 2011-08-18

New light vehicle sales, comprising passenger cars and light commercial vehicles, in Turkey reached 445,090 units in H111, a 59% year-on-year (y-o-y) increase, according to estimates... 2011-07-28

South Korea's Hyundai Motor has signed a deal with Turkish light commercial vehicle (CV) maker Karsan to jointly produce CVs in the country. Hyundia is planning to step up its presence... 2011-06-28

Turkey's vehicle exports rose 16% year-on-year (y-o-y), to a value of US$8.54bn, in the first five months of this year, according to the Uludağ Exporters Union of Vehicles... 2011-06-21

New light vehicle sales - comprising passenger cars and light commercial vehicles - in Turkey reached 259,182 units in the first four months of this year, marking a 64% increase over... 2011-05-06

Russia is asking up to 10 Turkish parts suppliers to invest in the Tatarstan region, where there is a growing automotive cluster. The announcement follows a meeting in Kazan between... 2011-04-28

BMI believes that the Turkish government's ambitious plans to launch an indigenous car brand will require an overall improvement of its auto industry, along with a strengthening of... 2011-04-19

An increase in the reserve requirement ratio by the Turkish central bank for the second time this year (on March 23) and an anticipated increase in loan rates have raised fears over... 2011-04-11

Ford Otosan, a joint venture between US-based Ford Motor and Turkey's Koc Holding, has posted a 37% year-on-year increase in net sales, to TRY1.65bn, in 2010, helped primarily by a... 2011-02-22

The Turkish auto industry has continued to develop in a dramatic fashion. Growth has already overtaken many forecasts for the year and BMI believes that Turkey's auto industry is... 2011-01-24