Automotive
Automotive Exports
BYD's 'kei' EV plans ring alarm bells for Japan's car industry
Even if it won't go on sale until the end of next year, BYD's Japanese mini-car has already produced buzz - at least among officials in Tokyo worried about the challenge from China's biggest automaker.
3 min |
December 2025
Automotive Exports
Türkiye's foreign direct investment jump 58% in 8 months
Türkiye received $10.6 billion in foreign direct investment (FDI) in the first eight months of the year, marking a 58% increase from a year ago, data showed.
1 min |
December 2025
Automotive Exports
Volkswagen logs $1.2B quarterly loss on tariffs, Porsche woes
German carmaker Volkswagen (VW) reported its first quarterly loss in five years as it continues to struggle with its subsidiary Porsche and faces a threat from U.S. tariffs.
2 min |
December 2025
Automotive Exports
Turkish automotive sector hits record $34B in exports in 10 months
Türkiye's automotive industry achieved a new best January-October export performance as sales reached $34 billion, according to a report.
1 min |
December 2025
Automotive Exports
Togg delivers first cars in Germany
Türkiye's electric vehicle manufacturer Togg has delivered its first cars in Europe, beginning with Germany-the company's first international marketas part of its broader expansion strategy across the continent.
1 min |
December 2025
Automotive Exports
GM books $1.6B hit on EV investments amid US policy changes
U.S. automotive giant General Motors (GM) said that it will book a $1.6-billion hit in electric vehicle (EV) investments following policy changes by the Trump administration, which effectively slowed down the adoption of the climate-friendly vehicles in its home market.
1 min |
December 2025
Automotive Exports
Electric and hybrid cars surge as conventional sales fall
In Türkiye, sales of gasoline and diesel cars continued to fall in the first ten months of this year, while electric and hybrid vehicles surged, reaching a market share of 44.2 percent with 368,033 units sold.
2 min |
December 2025
Automotive Exports
Türkiye unveils custom-built limousine version of its electric SUV
Acustom-built limousine version of Türkiye's first domestic electric car, Togg T10X SUV, made its first public appearance.
1 min |
December 2025
Automotive Exports
BYD delivers first SEALION 7 in Türkiye after strong local demand
The first customer received a 160-kilowatt (KW) rearwheel-drive SEALION 7 Design in Atlantis grey-a version developed exclusively for Türkiye-during a delivery ceremony attended by BYD Global Vice President Stella Li, BYD Türkiye General Manager Ismail Ergun, and BYD Europe Türkiye Country Manager Murphy Ruan.
1 min |
December 2025
Automotive Exports
Welcome to Automechanika Dubai 2025
The largest international trade show for the automotive aftermarket industry in the MEA region is ready to display global automotive industry.
1 min |
December 2025
Automotive Exports
Spain frontrunner for BYD's 3rd European plant after Hungary, Türkiye
China's top automaker BYD is considering Spain as the leading candidate for its third European car plant, a report said, as the company looks to expand its footprint and boost sales across the continent.
2 min |
December 2025
Automotive Exports
China to spare some Nexperia chips from export ban amid supply concerns
China announced that it will exempt certain Nexperia chips from an export ban imposed after a dispute with Dutch authorities, aiming to ease growing concerns among European automakers and industrial companies about potential supply shortages.
1 min |
December 2025
Automotive Exports
US tariffs on heavy trucks, buses come into effect
Fresh U.S. tariffs on imports of medium- and heavyduty trucks took effect Nov. 1, although with partial relief for vehicles entering the country under a key North America trade agreement.
1 min |
December 2025
Automotive Exports
Turkish car sales top 1M mark in first 10 months of year
Turkish car sales remained robust in October, jumping by nearly 20% compared to last year, data from the top sector association showed, while total sales in the first 10 months broke the 1 million mark.
1 min |
December 2025
Automotive Exports
Türkiye expanding energy diversification considerably
Türkiye has been pursuing a long-term strategy to diversify its energy supplies and reduce dependence on single sources, Energy and Natural Resources Minister Alparslan Bayraktar said.
1 min |
December 2025
Automotive Exports
Auto market expands sharply in October as EV sales surge
According to data released by the Automotive Distributors and Mobility Association (ODMD) on Nov.4, Türkiye's passenger car and light commercial vehicle market grew 19.4 percent year-on-year in October, reaching 116,149 units.
1 min |
December 2025
Automotive Exports
Hyundai announces $86B domestic investment after US trade deal
Hyundai Motor Group said it will invest 125.2 trillion won (around $86.4 billion) in the domestic South Korean market from 2026 to 2030, after Seoul finalized a trade deal reducing U.S. tariffs on South Korean autos to 15% from 25%.
1 min |
December 2025
Automotive Exports
China's Geely buys 26.4% stake in Renault's Brazil unit
French carmaker Renault said it has signed a deal with Chinese Geely to sell it a 26.4% stake in its Brazilian subsidiary, thus continuing the strategic cooperation between the companies.
1 min |
December 2025
Automotive Exports
Türkiye's auto, light commercial vehicle sales surge 9.15% in first 9 months
Türkiye's automobile and light commercial vehicle sales rose 9.15% to 927,647 units in the JanuarySeptember period compared to the same period last year, with September marking record-breaking sales figures, according to data from the Automotive Distributors and Mobility Association (ODMD).
2 min |
December 2025
Automotive Exports
Turkish car market to prosper in 2026
Türkiye is on the verge of another very active year in the automotive sector.
2 min |
December 2025
Automotive Exports
Number of EVs on Turkish roads nears 320,000
Türkiye recorded 319,155 registered electric vehicles (EVs) by the end of September, according to data released by the Turkish Statistics Institute (TÜİK) on Oct. 17.
1 min |
December 2025
Automotive Exports
Auto production rises around 4 percent in January-October
Türkiye's total auto production reached 1.16 million units in the first 10 months of 2025, marking a 3.6 percent increase compared to the same period last year, the data from the Automotive Manufacturers Association (OSD) has shown.
1 min |
December 2025
Automotive Exports
Volkswagen to develop own assisted driving chip in China
Germany's Volkswagen said it would develop an inhouse assisted driving chip for its business in China as it seeks to recover from sagging sales in the world's largest auto market.
1 min |
December 2025
Automotive Exports
Togg T10F leads Türkiye's EV market, enters top 10 overall car sales
Türkiye's domestic car brand Togg saw its new sedan model, the T10F, top the country's electric vehicle (EV) sales chart in October, while also breaking into the overall top 10 car models sold during the month.
2 min |
December 2025
Automotive Exports
Togg T10F ranks as Türkiye's 2nd best-selling EV with 1,194 units sold
Türkiye's domestic electric vehicle manufacturer, Togg, achieved a strong market entry with its new T10F model, selling 1,194 units in September to become the country's second-best-selling electric vehicle just weeks after its launch on Sept.15.
1 min |
November 2025
Automotive Exports
European Union takes lion's share in Türkiye's auto exports
Türkiye's automotive sector achieved exports worth $30.2 billion in the first nine months of the year, marking a 12.3 percent increase compared to the same period last year, according to data compiled from the Uludağ Automotive Industry Exporters' Association.
1 min |
November 2025
Automotive Exports
5G technology expected to contribute $100 billion to the economy
Türkiye's planned 5G frequency tender and the subsequent full coverage process are expected to bring a contribution of $100 billion to the Turkish economy and the potential for 1.5 million new jobs by 2030, Türkiye's deputy transport and infrastructure minister announced.
1 min |
November 2025
Automotive Exports
Piksan CNC: Driving Türkiye's precision manufacturing edge
From its 4,500 m² smart facility in Istanbul's İMES Industrial Zone, Piksan CNC Metal Processing is propelling Turkish manufacturing forward with advanced precision technologies and an export-driven growth model.
2 min |
November 2025
Automotive Exports
US probes nearly 2.9M Tesla vehicles over FSD traffic violations
The U.S. National Highway Traffic Safety Administration (NHTSA) announced it was opening a probe into 2.88 million Tesla vehicles equipped with its Full Self-Driving (FSD) system over more than 50 reports of traffic-safety violations and a series of crashes.
1 min |
November 2025
Automotive Exports
Türkiye vows to maintain investments for affordable, reliable energy
Türkiye will continue investing across all areas of the energy sector to secure sustainable, reliable and affordable power, Energy and Natural Resources Minister Alparslan Bayraktar said.
2 min |