ctra has promised Jiangsu HiPhi procurement orders from markets outside of China for no less than 100,000 vehicles or worth no less than USD 3 billion in the coming 3 years. Founded in 2017 by Jihad Mohammad, EV Electra is a Canadian EV manufacturer with business presence in Canada, Italy, Germany, Turkey, and China. From information on the NECIPS and EV Electra websites and multiple press releases...

News  Updated at: 2025/05/28

Antolin announces progress in divestment program in 2024 Grupo Antolin-Irausa, S.A. (Antolin) sold a 45% stake in its joint venture Ototrim in Turkey, while retaining a 5% share. It also signed an agreement with Cosmos Group to sell its trunk systems business and completed the sale of its 30% stake in the Korean firm Dongwon Technology. (From a press release dated April 29, 2025)...

News  Updated at: 2025/04/30

ATMO Group partners with Urzema Holding to produce SWM Motors vehicles in Turkiye 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 focusing on meeting domestic demand, with future exp...

News  Updated at: 2025/04/28

ts 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, and Maserati brands which it already handles in Turkey. Additionally, Tofaş will invest in producing a new light vehicle model on a multi-energy platform by Q3 2026, with an investment of EUR 256 ...

News  Updated at: 2025/04/21

Ford Otosan deploys D-Wave’s manufacturing optimization software 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 manufacturing processes for its Ford Transit line of vehicles.  Th...

News  Updated at: 2025/04/01

Karsan, Turkey introduces autonomous e-ATAK bus in Italy 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 closed area, the autonomous e-ATAK operated completely autonomously wi...

News  Updated at: 2025/03/18

ne-engine vehicles decreased 32.2% to 38,387 units (50.5% share), diesel-engine vehicles decreased 27.6% to 5,663 units (7.4% share), hybrid vehicles including PHEV and MHEV increased 86.4% to 21,222 units (27.9% share), EVs including range extender EV increased 80.6% to 10,473 units (13.8% share). Turkey's production of 114,346 units in February was down 13.4% YoY. Vehicle imports were down 13.6% to 63,538 units and vehicle exports were down 10....

News  Updated at: 2025/03/17

2 billion, driven by higher sales, favorable market conditions, and cost optimization under the Next Level Efficiency+ program. Škoda delivered 926,600 vehicles worldwide, a 6.9% year-over-year increase, securing fourth place among Europe’s best-selling brands. Growth was particularly strong in Turkey, Poland, and Spain, with Germany, the Czech Republic, and the UK remaining key markets. The company launched several new and updated models, in...

News  Updated at: 2025/03/15

GG cars are on the road. He further stated that BYD is progressing with its USD 1 billion investment in an EV production facility and research center in Manisa. These investments are set to play a crucial role in the industry’s growth. Based on press release from the Presidency of the Republic of Turkey...

News  Updated at: 2025/02/25

ne-engine vehicles decreased 34.2% to 27,130 units (48.5% share), Diesel-engine vehicles decreased 28.1% to 5,767 units (10.3% share), Hybrid vehicles including PHEV and MHEV increased 61.5% to 16,642 units (29.7% share), EVs including range extender EV increased 56.7% to 6,225 units (11.1% share). Turkey's production of 105,397 units in January was down 2.8% YoY. Vehicle imports were down 10.0% to 47,497 units while vehicle exports were up 3.5% ...

News  Updated at: 2025/02/17

with an intelligent all-wheel drive (AWD-i) system.  The vehicle features 12.3 digital instrument display, 10.5-inch Toyota Touch multimedia system, Panoramic View Monitor, interior rearview mirror with digital camera, wireless charging unit, and 9-speaker JBL premium sound system. Based on Toyota Turkey press release...

News  Updated at: 2025/02/04

he solar farm in just nine weeks, overcoming complex logistics. Dunton, a key hub for Ford’s European R&D, has received major investments, including GBP 47 million for the Advanced Propulsion Laboratory. This initiative aligns with Ford’s global sustainability strategy, with other facilities in Turkey and Michigan also integrating solar energy solutions. (Ford UK on January 29, 2025)...

News  Updated at: 2025/01/30

play, smart entry, and wireless phone charging. With 4.4 l/100 km fuel consumption and 101 g/km carbon emissions, the AWD-i system is lighter, quieter, and more efficient, delivering better traction and economy in urban and slippery conditions. The price of the vehicle is starting at TRY 442,750 in Turkey. (Based on Toyota Türkiye press release)...

News  Updated at: 2025/01/28

scratch. BYD, for instance, is scheduled to open its Szeged car plant in Hungary around Q4 2025 as well, however it first announced its plans back in December 2023, several months before the Chery-EV Motor JV was signed in April 2024. Moreover, the next confirmed Chinese facility – a BYD plant in Turkey – will not be operational until Q1 2027, while Geely’s Polestar and Lynk & Co brands are not slated to join the group’s Volvo Car factori...

News  Updated at: 2025/01/27

cturing (ATVM) program to support the development of an on-site processing facility at the Rhyolite Ridge Lithium-Boron Project in Esmeralda County, Nevada. The investment is expected to help rebalance the global supply of lithium and boron production and processing currently dominated by China and Turkey, respectively.  The Ioneer project secured a federal permit in October 2024. The USD 996 million loan is a USD 268 million increase in loan pr...

News  Updated at: 2025/01/22

Opel launches new Grandland SUV in Turkey with electric and hybrid options On January 15, multiple sources reported that Opel has launched the new generation Grandland SUV in Turkey. It is available in two options i.e. an electric version with a 582 km range and hybrid version featuring 1.2L 136 HP turbo gasoline engine paired with a 6-speed dual-clutch electric transmission. The SUV features the new Intelli-Lux Pixel HD lighting system with over...

News  Updated at: 2025/01/16

4, delivering 926,600 vehicles to customers worldwide – a year-on-year increase of 6.9%. Germany remained the company's largest market with sales of 187,100 units, up 18.5% from the previous year. The Czech Republic (84,500 units), the UK (78,700 units, up 11.9%), Poland (61,400 units, up 13.9%), Turkey (42,200 units, up 25.7%), and Spain (36,300 units, up 20.6%) followed in terms of sales volume. The updated Octavia maintained its status as Sk...

News  Updated at: 2025/01/16

Mercedes-Benz Türkiye launches new domestically produced Actros L On January 6, Mercedes-Benz Türk A.Ş. launched the new Actros L in Turkey. The model has also started production at Mercedes Aksaray Factory in the country.  The new domestically produced Actros L features a redesigned front and updated cabin. The vehicle focuses on high comfort, modern equipment, and efficiency, marking a new phase in the tractor segment with its updated look ...

News  Updated at: 2025/01/07

Linde + Wiemann, Germany to withdraw from Turkey, transfer share to local partner On December 31, multiple sources reported that  Linde + Wiemann ended its partnership with Türkiye’s Opsan. It will transfer its shares in Linde Opsan Otomotiv to the Ersu family. The company produces sheet metal and welded parts. It is supplying parts to Togg, Ford Otosan, TOFAS, Stellantis, and Magna. Based on multiple sources ...

News  Updated at: 2025/01/02

Stellantis MEA launches Alfa Romeo Junior SUV in Morocco and Turkey market in partnership with TOFAS On December 2, Stellantis Middle East & Africa launched the Alfa Romeo Junior, a compact SUV in the Morocco and Turkey markets. This marks a key step in the brand's regional expansion. The model celebrates the brand's legacy while embracing modern innovation, designed to meet the needs of today’s drivers. The launch highlights Stellantis' commit...

News  Updated at: 2024/12/27