Automotive Exports Magazine - October 2019
Automotive Exports Magazine - October 2019
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In this issue
October 2019
Cezeri, Turkey's First Flying Car Debuts At Teknofest
Turkey’s first flying car, Cezeri became the most notable product at this year’s Teknofest, the country’s top aerospace and technology festival visited by nearly 2 million people from Sept. 17-22.
5 mins
OECD Revises Turkey's Growth Estimate,cuts Global Outlook To Post-Crisis Low
The Organization for Economic Co-operation and Development (OECD) made a major revision in its projection for Turkish economic growth in 2019, as it warned about escalating trade tensions are eroding global growth prospects,
3 mins
Turkish Auto Sector Records Rising Exports To European Union
The automotive sector, the engine of Turkish exports, achieved $1.3 billion in exports to European Union countries in August, an increase of nearly 10% compared to the same month last year.
1 min
Turkish Auto Industry Eyes Over $500M In Exports To Russia
The leader of national exports, Turkey’s automotive industry expects its exports to Russia to exceed $500 million in 2019, according to the vice-chairman of the Uludag Automotive Industry Exporters Association (OIB).
1 min
Turkey Grants TL 28B In Support To Auto Industry
Turkey, seen as having the best chance to host the new factory of German carmaker Volkswagen, has been the investment base of the automotive industry over the last five years.
2 mins
Volvo's Electric Brand Polestar Inaugurates China Factory With Exports To US, Europe On Sight
Amid rising trade tension, Volvo’s electric brand, Polestar, is going ahead with plans to export its first Chinese-made model to the United States next year, the automaker’s CEO said. Polestar opened a factory in the western city of Chengdu to produce the Polestar 1, a two-door, gasoline-electric hybrid coupe with a carbon-fiber body.
1 min
Turkey To Attract More FDI Despite Global Reduction
Having received around $13 billion in foreign direct investment (FDI) in 2018, Turkey will continue to attract more investments from across the globe, according to strategist and analyst Cüneyt Paksoy.
2 mins
Foreign Direct Investment Records 6.3% Rise In First Half
Foreign direct investment (FDI) in Turkey increased by 6.3% from June last year to June 2019, reaching approximately $12.4 billion.
2 mins
Automotive Exports Magazine Description:
Publisher: IMG istmag magazin gazetecilik
Category: Automotive
Language: English
Frequency: Monthly
Turkish Automotive Industry Magazine
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