We Are Successful On a Global Scale

As a country, we are one of the largest contributors to the automotive and automotive aftermarket sectors on a global scale.

In 2024 and in the coming years, key issues affecting the automotive aftermarket sector include the production of necessary spare parts for electric and autonomous vehicles, the spread of digitalization, automation, and the widespread use of robotics. We can say that these changes will significantly impact the dynamics of supply chains and relationships among service providers. We foresee that these trends, especially for electric vehicles, will positively affect the demand in the automotive and automotive aftermarket sectors. On a global scale, electric vehicles are one of the issues that concern our sector the most. 

China's strong investments in the electric vehicle market have raised some concerns regarding production and exports in European countries. The interest in and investment in electric vehicles in Türkiye is at a very high level. We anticipate that this trend will continue to increase in the coming years. We can say that Türkiye is at a crucial point in the competition between Europe and China regarding electric vehicles, thanks to our production potential and geographical location. As a country, we are one of the largest contributors to the automotive and automotive aftermarket sectors on a global scale. Domestic production in the aftermarket market will continue to progress towards its goals by increasing its strength day by day with our strong organized distributors and the alternative brand advantages they offer.

 

What Are Your Thoughts on the Use and Production of Eco-Friendly and Next-Generation Vehicles in Our Country?

In recent years, the automotive aftermarket sector has been striving to renew itself and increase its capacity to meet the demand for electric and autonomous vehicle technologies, which are among the most fundamental changes in the automotive sector. Electric vehicles are much more environmentally friendly and provide significant benefits in terms of energy efficiency compared to traditional internal combustion engine vehicles. 

 

The rise in environmental awareness, concerns about air pollution and climate change, and the search for energy independence, along with features such as autonomous driving capabilities, advanced safety systems, and integrated software updates, have led to a rapid increase in demand and interest in electric vehicles. Regarding electric vehicle sales, the EU has set emission reduction targets of 55% for 2030 and 100% for 2035 for cars. In EU countries, the bans on internal combustion engines and the state support to increase electric vehicle sales, including tax incentives and exemptions based on emission levels, are expected to lead to progress in production. We foresee that with the implementation of similar measures in our country, the production of electric vehicles will accelerate and increase. 

 

In the production phase, using recyclable materials and renewable energy will create a more environmentally friendly production chain. Although the manufacturers' investments in R&D and P&D to adapt their existing infrastructure capacities to electric vehicle technologies will have a negative trend at first, rapid depreciation rates in the next few years will recover these expenses. On the sales side, tax reductions and increased access to credit will significantly boost electric vehicle sales in the coming years. As the automotive aftermarket sector, we see the increasing impact of globalization at every stage up to the sales and distribution phases, creating more sustainable and environmentally friendly production stages. We can say that these changes will significantly impact supply chain dynamics and relationships among service providers. As electric vehicles will reduce the consumption of petroleum-based products, joint steps with companies producing alternative energy sources for electric vehicles will provide cooperation opportunities in the energy and automotive aftermarket sectors.

 

How Do You Evaluate the Spare Parts Sector in Türkiye?

The automotive aftermarket sector has been one of the fastest-growing sectors in Türkiye since overcoming the 2001 crisis. The increase in economic welfare levels led to a significant rise in demand in the automotive sector and indirectly rapidly increased the need for our sector. Although the growth rate in the sector is susceptible to various local and global factors, when we evaluate it in terms of periods like 5 and 10 years ago, we see record levels of growth. The later vehicle replacement age in Türkiye compared to European countries keeps the need for the automotive aftermarket alive. In today's circumstances, due to the difficulties in accessing loans, harsh movements in exchange rates, and high SCT expenses, automobile users are oriented towards the second-hand vehicle market, which has mobilized our sector considerably. During the pandemic period, when production and distribution networks dependent on Asian countries were completely restricted, we took over this role thanks to our geographical location and high production potential. 

 

The efforts we made with all our sector stakeholders helped us achieve a very successful global performance. This significantly contributed to our country's increased presence on the world stage. As the automotive aftermarket sector, we are one of the main actors in global competition. We have the capacity to produce and distribute many parts in the sector. Our country's geographical location provides a significant advantage for maintaining high export potential, and having a young population in employment rates offers us significant benefits on a global scale.