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Turkish Automotive Industry: The target is to be in the top 10 in the world by 2023

The Turkish automotive industry aims to become Europe’s third-largest and the world’s 10th largest manufacturer by 2030. Thus, its share in world production will increase from 1.6% to 2%.

Turkey rose one step in commercial vehicles in 2021, becoming the largest manufacturer among European countries. Turkey rose from 14th to 13th in total automotive production in the world. According to 2020 figures, Turkey ranked second in commercial vehicles, sixth in automobile production, and fourth in total in Europe. However, the potential of the Turkish automotive industry is great. Automotive industrialists put forward a new vision to realize this potential. Cengiz Eroldu, the new president of the Automotive Industry Association (OSD), explained their 2030 goals as follows: “As the automotive industry, we reviewed our vision and what we need to do with workshops. We have set a new vision to increase the share of the Turkish automotive industry in the world of mobility. There is a capacity of 2 million units in Turkey. We aim to increase this capacity to 2.5 million units in 2030. Our share in world production is 1.6%. Our goal is to increase this to over 2%. We are in 13th place in the world ranking, we want to be in the top 10. We are in the 4th place in Europe, we are aiming for the top 3. Our exports are $30 billion, and we want to increase this to $45 billion.”

DEPENDING ON EUROPE

Reminding Turkey’s dependence on Europe in exports, Eroldu said, “We need new markets. Not only for the automotive industry, but for all industries, it is necessary to reduce Turkey’s dependence on Europe. It is easy to say, it is not that easy to do. Because norms and homologations are different, and managing it is another job.”

INTERNAL COMBUSTION ENGINE MANUFACTURING WILL BE DIFFICULT AFTER 2027

Expressing that they want to increase the share of alternative fuel vehicles in the production in Turkey from 16% to 60%, Eroldu said, “I think no one in Turkey can go beyond 2034 in terms of internal combustion. It is very difficult for the life of internal combustion engines after 2027. For one thing, there’s Euro 7 in 2027.”

SHARE OF DOMESTIC VEHICLES IN THE TURKISH AUTOMOTIVE MARKET IS 44%

Stating that the share of domestic vehicles in the Turkish automotive market is 44%, Eroldu said, “This rate rises to 100% in buses and minibuses. The domesticity rate is close to 100% in tractors. There is a localization rate of 70% in trucks.”

Source: Sabah / Translated by Irem Yildiz

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