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Automotive in Turkey

Automotive in Turkey Automotive  The foundations of Turkey’s automotive industry date back to the early 1960s, when the first efforts to develop and produce the first Turkish-made passenger car were undertaken. During a period of rapid industrialization and progress, this key sector transformed itself from assembly-based partnerships to a full-fledged industry with design capability and massive production capacity. Between 2000 and 2014, original equipment manufacturers (OEM) invested more than USD 12 billion in their operations in Turkey. These investments significantly developed their manufacturing capabilities, which Continue reading →