On May 5, Anadolu Isuzu signed agreement with New East General Trading to distribute its buses and mid-sized passenger buses to Saudi Arabia, marking its entry to one of the largest markets in the Gulf Region.
With this expansion, Anadolu Isuzu now exports its vehicles to 46 countries worldwide, continuing its growth

On April 30, Tofaş completed the acquisition of Stellantis Otomotiv Pazarlama A.Ş. (Stellantis Otomotiv) with a payment of EUR 400 million, subject to standard adjustments. Tofaş will pay further amounts based on 77.5% of the extra free cash flows generated by Stellantis Otomotiv over the next eight years, as outline

On April 23, Maxion Wheels announced that it will start serial production of forged aluminum wheels in Türkiye in the second half of 2025. In 2022, Maxion Wheels announced a USD 150 million expansion of its global steel truck wheel portfolio to include forged aluminum wheels, through a joint venture with Türkiye’s In

On April 28, ATMO Group announced a partnership with Urzema Holding for vehicle production in Turkiye. URZAT OTOMOTİV A.Ş., part of Urzema Holding and owned by the Öztürk family, will produce SWM Motors vehicles at a newly established factory.
ATMO Group plans to begin production in Turkey this fall, initially focusi

On April 22, Nissan launched Townstar van in the Turkish light commercial vehicle (LCV) market, in both electric and gasoline powertrains.
The gasoline variant is paired with 6 manual or 7 speed automatic transmission generating 130 PS of power and 240 Nm of torque. It can accelerate from 0 to 100km in 11.8 seconds

On April 21, multiple sources reported that the Minister of Industry and Technology, Turkiye stated that they will announce new automotive investments this year, following Chinese automotive manufacturers BYD and Chery. By 2030, Turkiye aims to produce 1 million new-generation vehicles annually.
Based on multiple sou

On April 18, Tofaş announced that the Competition Board had approved its 100% acquisition of Stellantis Türkiye shares, with the share transfer expected to take place shortly.
Once the transaction is complete, Tofaş will also distribute Citroën, DS Automobiles, Opel, and Peugeot, alongside the Alfa Romeo, FIAT, Jeep,

The Automotive Manufacturers Association (OSD) announced that Turkish vehicle sales of 121,510 units in March 2025 represented a 6.5% increase over March 2024.
According to the data from Automotive Distributors Association (ODD), Renault sales were 12,095 units in March (10.3% market share), Peugeot sales were 11,177

On April 6, BYD Turkiye announced on social media that due to high demand in Türkiye, the "BYD CHANGZHOU" vehicle ship arrived at Derince Safiport Port on April 5, 2025.
The ship is capable of carrying 7,000 vehicles. It has completed its 21-day journey and features a sustainable LNG-supported dual-fuel system.
Based

On April 3, Anadolu Isuzu Otomotiv Sanayii ve Ticaret A.Ş. announced that it has submitted an offer to the State Assets Management Agency of the Republic of Uzbekistan to acquire up to 75.2% of the shares in JV SamAuto LLC, a vehicle manufacturer based in Tashkent with production facilities in Samarkand, Uzbekistan.

On March 31, Silicon Valley-based D-Wave Quantum Inc., a leader in quantum computing systems, software, and services, and Ford Otosan, a joint venture between Ford Motor Company and Koç Holding in Turkey, announced that the vehicle manufacturer has deployed a hybrid-quantum application in production, streamlining man

On March 26, the President of Türkiye presented a certificate of appreciation to Chery International. Following it, the AK Party Samsun Provincial Chairman, in a social media post, announced that Chery will invest USD one billion in Samsun. This facility will have an annual production capacity of 200 thousand vehicle

On March 26, MG Motors announced that it will launch the new MG7, a premium sedan, in Türkiye in the second quarter of 2025.
The new MG7 is 4,884 mm long, 1,889 mm wide and 1,447 mm high, and has 2,778 mm of wheelbase. It is equipped with 1.5L turbo gasoline engine paired with 7-speed dual clutch transmission, gener

On March 17, Karsan announced that it had introduced its autonomous technology to Italy. Karsan is showcasing technologies of Autonomous e-ATAK with the test drive organized by SASA, the public transportation authority of Bolzano, Italy. Autonomous e-ATAK is a Level 4 autonomous electric bus.
During the test drive in

The Automotive Manufacturers Association (OSD) announced that Turkish vehicle sales of 93,864 units in February 2025 represented a 15.3% decrease over February 2024.
According to the data from Automotive Distributors Association (ODD), Renault sales were 9,813 units in February (10.8% market share), Toyota sales were

On March 10, FORD OTOMOTİV SANAYİ A.Ş. (Ford Otosan) signed the Ford Trucks Business Agreement with Ford Motor Company and Ford Global Technologies LLC, and the Ford Trucks Trademark License Agreement with Ford Motor Company. The agreements will have an initial term until December 31, 2038, and automatically renew ev

On March 6, the European Bank for Reconstruction and Development (EBRD) announced that it is providing a EUR 50 million loan to Türkiye’s TEB Arval, a full-service fleet leasing and mobility solution company, to finance a new fleet of electric vehicles. The proceeds of this loan will be used to finance the acquisitio

On March 5, Anadolu Isuzu Otomotiv Sanayi Ve Ticaret A.Ş. announced its outlook for 2025 for both domestic and international markets.
For the domestic market, the company expects the total market size of its segments to remain similar to 2024. However, domestic sales volumes of heavy commercial vehicles are projected

On March 3, Karsan Otomotiv Sanayii Ve Ticaret A.Ş. announced that all production lines for the LFF (Renault Megane) at its HOSAB (Hasanağa Organized Industrial Zone) factory have switched from double shift working order to triple shift working order in line with the production plan.
Based on Karsan stock exchange re