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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).
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.
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.
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,
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.
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.
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.
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.
Turkish manufacturer enjoys 45% rise in overseas sales
TürkTraktör, the Turkish automotive industry’s first manufacturer that is still operational, saw its overseas sales turnover increase by 45% in the January-June period, the company said in a statement.
Turkish automotive sector keeps its lion's share in total exports
It is reported by Automotive Manufacturers Association (OSD) that automotive sector keeps its lion’s share in Turkey’s total exports during the first six months of the year.
FRANCE'S MACRON SEEKS ‘MASSIVE' BOOST FOR RENEWABLE ENERGY
French President Emmanuel Macron called for a “massive acceleration” of renewable energy development in his country, including offshore wind farms and solar power, via a new plan that seeks to bring lagging France closer to the energy policies of its European neighbors.
This American tech company CEO didn't lose hope when Russia invaded Ukraine, where he had 150 employees. Instead, he joined them.
WAR CRIMES: Is Putin Targeting Civilians?
A NEWSWEEK INVESTIGATION OF RUSSIAN BOMBINGS REVEALS THE FACTS OBSCURED BY THE FOG OF WAR
Trading with the Enemy
Many Western companies are either stepping back from Russia or leaving altogether. The costs have been high both for business help end the war in Ukraine? and Russia. Will "self-sanctioning"
Endangered dictator admits sanctions crippling Russia as Ukraine draws blood
2019 California Pinot Noir
Producers' experience, maturing vineyards, and a diversity of terroirs lead to new heights
WITH US DOLLAR NEARLY EQUAL TO EURO, IMPACT IS BEING FELT
The U.S. dollar has been surging so much that it’s nearly equal in value to the euro for the first time in 20 years. That trend, though, threatens to hurt American companies because their goods become more expensive for foreign buyers. If U.S. exports were to weaken as a result, so, too, would the already-slowing U.S. economy.
RUSSIAN WAR DOG SWITCHES SIDES!
Fighting for Ukraine after being deserted on the battlefield
We Have No Nuclear Strategy
The U.S. can't keep ignoring the threat these weapons pose.
#FAKE DON'T ACCEPT PRETTY
Pretty photos of flowers from my garden or recycled gift-wrapping carefully arranged on my office scanner? Look again. One scene, two narratives. A constructed reality. A small act of deceit.