TURKISH AUTOMOTIVE SECTOR PROJECTS GROWTH – DESPITE INSTABILITY IN HOME COUNTRY

TURKEY’S automotive manufacturing sector is thriving, despite the political turmoil suffered by its home country political instability and war in neighboring countries, with the industry predicting an increase in exports this year. According to data from the country’s Automotive Industry Association (OSD - Otomotiv Sanayii Derneği), of the USD142.6 billion dollars’ worth of goods and services exported by Turkey in 2016, around USD24.25 billion’s worth of these were manufactured by the Turkish automotive sector. The industry plans to increase its ...


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