Invest in Turkey - Issue #72

With more than 1 million vehicles rolling off the line every year, Turkey is the 15th largest automotive producer in the world and 5th largest in Europe. Turkey is a strong manufacturing and engineering hub for the global automotive value chain with 85 percent average export rate. We are now experiencing a milestone in the automotive industry with the prototype of the indigenous automobile from TOGG (Turkey’s Automobile Joint Venture Group). Guided by the vision of President Recep Tayyip Erdoğan, the all-electric automobile project will further strengthen Turkey’s position in the global automotive market.

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