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Türk Otomotiv Sanayicisinin Dergisi



Elatek Kauçuk A.Ş. General Manager Namık Elibol: “State Incentives support technological developments”

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Haber Eklenme Tarihi : 27.08.2018 12:43:00

Young population of Turkey, the fertility rate, the increase in female participation in the labor force, urban development, development of road networks, economic growth potential, consumer finance to strengthen the healing factors such as vehicle demand in Turkey and increase the potential for market growth.

There is no doubt that the automotive sector has the greatest added value to the production economy and the country in terms of the location of the automotive sector and opens the way to new technological developments and contributes to the exchange rate with the export cause. It is the pioneer production sector which leads the development of many different sectors due to its very large customer base, which is leading the development of transportation, tourism and manufacturing industry, defense and transportation.
The automotive sector accounts for about 5% of the world economy and corresponds to the world’s 4th largest economy. The production of motor vehicles in Turkey ranks 5th in Europe, and ranks 15th in the world. There is also Turkey’s position in the largest commercial vehicle manufacturer in Europe. General Automotive car manufacturer’s production number coming to Turkey in the process of moving into new geographies and increased foreign direct investment. Until 2000; automotive brands that made investment in Turkey in order to produce largely for the domestic market. Export-oriented investments were speeded up in Turkey to feed European market after the provision of the Customs Union agreement with the European Union in 1996. After 2000, investments of global manufacturers were made in Turkey which have led to only make technological investments for new competition instead of expanding the assembly process.
Protection in future years of production experience, has reached the international automotive industry in Turkey and will be important in terms of developing the concept of competition.
Sectors of designing products and services, manufacturing, and compared to their competitors in pricing stage we define competitiveness as winning the ultimate-luxury Turkey’s stance against the world’s remaining automotive manufacturers in a concrete way foreign trade data to based on competitive terms to determine should update indexes.
Turkey has demonstrated a fairly lively appearance throughout the history of the automotive market. For example, having a car in the 1930s marked a high level of richness, and in those years a car sold to 6,000 Turkish Liras amounted to about 110 civil servants salaries. In Turkey becomes accessible within the car’s time, although higher-status perception weaken that digitization of considered, but the automobile industry on fuel efficiency, emissions, in many areas such as safety and design for consumer demand, reveal new targets has strengthened it’s desired object position today.
As of 2016, Turkey car park has exceeded 16 million units. Historical annual growth rate of the car park in the last 30 years has been realized as 7.8%. Car ownership rate per 1.000 persons, since the date of entry cars to Turkey, is situated far behind the developed countries but still showed a rapid development.
Young population of Turkey, the fertility rate, the increase in female participation in the labor force, urban development, development of road networks, economic growth potential, consumer finance to strengthen the healing factors such as vehicle demand in Turkey and increase the potential for market growth.
However, Turkey automotive market mentioned factors with long-term changes in the exchange rate though highly promising growth potential, inflation and vehicle loans with interest rates applied as macroeconomic variables in the volatility of tax rates and the rise in the exchange rate from year to year the market growth rate make it wavy and the destabilization of vehicle demand.

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