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DS Automobiles launches all-electric DS N°8 for Türkiye market in late 2025
DS Automobiles launches all-electric DS N°8 for Türkiye market in late 2025 On July 2, Stellantis MEA announced that DS Automobiles will launch its new fully electric flagship, the DS N°8, in Turkey by late 2025. It features an SUV coupe design and will be available in two trims—PALLAS and ÉTOILE. The ÉTOILE trim comes with an adaptive suspension system that uses a camera to scan the road and adjust each wheel in real time for a smoother...
News Updated at: 2025/07/03
Samvardhana Motherson, India to acquire remaining 25% stake in Turkish JVs for EUR 3.2 million
Samvardhana Motherson, India to acquire remaining 25% stake in Turkish JVs for EUR 3.2 million On June 19, Samvardhana Motherson International Limited (SAMIL) announced that its board of directors has approved the acquisition of the remaining 25% stake in two Turkey-based entities — SMR Plast Met Molds and Tools Turkey Kalip Imalat Anonim Şirketi and SMR Plast Met Automotive Tec Turkey Plastik Imalat Anonim Şirketi — by SMR Automotive Mirro...
News Updated at: 2025/06/23
GlobalData blog: The rise of Chinese automotive brands in Europe: Insights from 2025 so far
the broader European market as the continent transitions toward electric mobility. The eventual acceptance of BEVs in Europe is likely to support the presence of Chinese brands, which excel in producing battery-powered vehicles that the Norwegian market has embraced. No BEVs? No problem. In Spain, Turkey, and the UK, each reporting a Chinese brand share exceeding 7%, the landscape is equally promising. Notably, Spain and Turkey have attracted su...
News Updated at: 2025/06/23
KGM aims to launch 7 new SUV and MPV models by 2030
he ‘F100’ concept car, showcased at the 2023 Seoul Mobility Show, is being developed using Chery’s ‘T2X’ platform, with completion targeted for next year. To strengthen its presence in overseas markets, KGM also announced plans to expand its dealer network in key strategic regions such as Turkey, Hungary, and other parts of Europe. The company established a sales subsidiary in Germany last year and plans to open one in Dubai this August...
News Updated at: 2025/06/19
Kamaz, Russia to export all-wheel drive heavy duty truck
Kamaz, Russia to export all-wheel drive heavy duty truck On June 9, Kamaz announced two special heavy-duty trucks: the all-wheel-drive KAMAZ-65958 and KAMAZ-65959. These trucks have already attracted interest from buyers from Turkey, Iran, the UAE, Saudi Arabia, and other countries. KAMAZ-65959 has a 6x6 wheel arrangement, a gross weight of 35 tons, and is equipped with an R6 engine with a capacity of 460 hp. The production of a pilot batch of th...
News Updated at: 2025/06/09
Jiangsu HiPhi established, with 69.8% of shares held by Canada’s EV Electra
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
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
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
Tofaş announces acquisition of Stellantis Türkiye and investment in new vehicle project
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
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
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
Turkish vehicle sales down 15.3% and production down 13.4% in February
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
Skoda increases operating profit 30% in 2024 and shows glimpse of new SUV
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
TOGG, Turkiye to launch sedan model
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
Turkish vehicle sales down 14.7% and production down 2.8% in January
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
Toyota launches RAV4 GR SPORT in Turkiye
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
Ford UK new solar farm produces 5,000 MWh annually at Dunton Campus
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
Toyota Türkiye launches RAV4 Hybrid Passion X-Sport with advanced AWD-i technology
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
GlobalData blog: Leapmotor International sets the precedent for Chinese car production in Europe: an automotive industry analysis
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
Ioneer closes USD 996 million DOE loan for lithium, boron production
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