nc. (AAM) and Dowlais Group PLC announced that the European Commission has granted unconditional clearance for their proposed cash and share merger, marking a major step toward completion. The transaction has now secured approvals in seven of ten jurisdictions: the U.S., U.K., India, Korea, Taiwan, Turkey, and the EU. Antitrust reviews are still underway in Brazil, Mexico, and China, but both firms remain confident of receiving final clearance so...

News  Updated at: 2025/10/30

UIB, Turkiye, to establish venture capital investment fund to support automotive sector On October 24, Uludağ Exporters' Association (UIB) announced that it will establish a Venture Capital Investment Fund to support strategic transformation in the automotive sector in Turkiye. It will support the technologies for intelligence, software, and data for vehicles. The Ministry of Trade of Turkiye will allocate TL 33 billion to support this vision. T...

News  Updated at: 2025/10/28

Valeo opens new electric compressor production facility in Bursa, Turkiye Valeo Group (Valeo) has inaugurated its new 25,000 sqm production site for electric compressors in the Bursa Technology Organized Industrial Zone, Turkiye. The electric compressor is a key technology for electric vehicles (EVs) and hybrid vehicles (HEVs). (From 1/2 Valeo social media updates)...

News  Updated at: 2025/10/28

acquire up to 50,000 shares in PBAG along with its existing 49.9% stake, secures Bajaj Auto’s sole management control of the global mobility group and motorcycle brands. All major merger control and investment approvals have been completed across Austria, Poland, Colombia, Saudi Arabia, the USA, Turkey, and other relevant jurisdictions. Only the EU third-country subsidy approval is outstanding. Austrian authorities imposed conditions to prote...

News  Updated at: 2025/10/24

Anadolu Isuzu, Turkiye showcases product portfolio at Busworld Europe 2025 On October 13, Anadolu Isuzu announced that it showcased in Busworld Europe 2025 in Brussels, Belgium, showcasing a range of innovative models, including newly developed Grand Toro XL, Citiport 12 Class 2, and electric vehicles, Novociti Volt, Citivolt, and Novo Volt. The Grand Toro XL is the redesigned version of Anadolu Isuzu’s Grand Toro, which now comes with 41 sea...

News  Updated at: 2025/10/14

ine-engine vehicles increased 5.2% to 41,220 units (46.7% share), diesel-engine vehicles increased 40.9% to 6,442 units (7.3% share), hybrid vehicles including PHEV and MHEV increased 64.9% to 25,808 units (29.2% share), EVs including range extender EV increased 33.3% to 12,924 units (14.6% share). Turkiye’s production of 123,293 units in September was down 0.1% YoY. Vehicle imports were up 25.2% to 79,947 units and vehicle exports were down 2....

News  Updated at: 2025/10/14

Stellantis Q3 2025 global shipments up 13.2% to 1.3 million units On October 10, Stellantis released its consolidated shipment estimates of 1.3 million vehicles delivered to dealers globally in Q3 2025, a 13.2% increase from the same period in 2024, mostly driven by North America. Among the regions in Q3 2025:     •    North America shipments were up 34.8% to 403,000 units     •    Europe shipments were up 7.7% to 534,000 units   ...

News  Updated at: 2025/10/11

il. This is the first plant worldwide to manufacture this new, high-tech C-segment SUV. The Boreal becomes a cornerstone of the Renault International Game Plan 2024–2027, with production destined for 17 Latin American countries, and launches planned for Brazil in 2025 and other regions, including Turkey, from 2026. Renault invested BRL 2 billion in the Boreal’s development and industrialization, as part of a broader BRL 5.1 billion investment...

News  Updated at: 2025/10/08

TEMSA, Turkiye unveils Avenue Neo and new Prestij at Busworld 2025 On October 4, 2025, TEMSA unveiled its new Avenue Neo electric city bus at Busworld 2025 in Brussels, Belgium. The company also debuted New Prestij, making its European debut at the event. The Avenue Neo is a new 9-meter electric bus which is built on the MD9 Electricity platform. It is powered by a TM4 265 kW electric motor and a 384-kWh battery system with liquid cooling. The b...

News  Updated at: 2025/10/07

Anadolu Isuzu, Turkiye acquires 75.2% of JV SamAuto, Uzbekistan On September 30, Anadolu Isuzu Otomotiv Sanayii ve Ticaret A.Ş. announced that its offer to acquire up to 75.2% of the shares of JV SamAuto LLC, a vehicle manufacturer based in Tashkent with a production facility in Samarkand, Uzbekistan, has been accepted by the State Assets Management Agency of the Republic of Uzbekistan. The negotiations and the signing of definitive agreements, ...

News  Updated at: 2025/10/01

Egyptian minister meets with Adient and Deniz, Turkiye, officials to discuss seat component plant On September 23, the Minister of Investment and Foreign Trade, Egypt, met with the officials of Adient and the Turkish company Deniz. This partnership between the two companies created a joint venture, Deniz Adient. They are planning a project in Ismailia, Egypt.  The meeting reviewed the project's implementation phases. The first phase of the proje...

News  Updated at: 2025/09/24

Turkiye announces new financial obligations on passenger car imports On September 22, the Ministry of Trade, Turkiye, announced a new regulation regarding the financial obligations imposed on passenger car imports. It is published in the Official Gazette and entered into force. Turkiye will implement an additional financial liability for passenger car imports from countries other than the European Union and those with which it has a Free Trade Ag...

News  Updated at: 2025/09/23

ne-engine vehicles decreased 0.5% to 38,524 units (46.9% share), diesel-engine vehicles decreased 21.9% to 6,575 units (8.0% share), hybrid vehicles including PHEV and MHEV increased 21.9% to 19,002 units (23.1% share), EVs including range extender EV increased 202.4% to 17,547 units (21.3% share). Turkiye’s production of 73,299 units in August was up 37.0% YoY. Vehicle imports were up 10.9% to 76,114 units and vehicle exports were down 10.4% t...

News  Updated at: 2025/09/16

Daimler Buses partners with Otokar for Mercedes Benz Conecto production in Sakarya, Türkiye On September 11, Daimler Buses announced that it is expanding capacity through a partnership with Turkish manufacturer Otokar Otomotiv ve Savunma Sanayi A.Ş. From September 2026, Otokar’s Sakarya plant will produce the Mercedes Benz Conecto city bus to meet rising demand for Mercedes Benz and Setra buses. Until now, the Conecto has been built only at D...

News  Updated at: 2025/09/11

Tofas, Turkiye signs manufacturing agreement with Stellantis to produce “K9” vehicles On September 8, Tofas Turk Otomobil Fabrikası A.S. announced that it has signed a manufacturing agreement with Stellantis Europe S.P.A., granting it the right to produce and distribute the “K9” light commercial vehicle and “Combi” versions in multi-energy platforms for Stellantis brands (FIAT, Opel, Citroën, Peugeot) in Turkey. According to the Ag...

News  Updated at: 2025/09/10

IAA Mobility 2025: Renault launches all-new sixth-generation Clio On September 8, Renault announced the launch of the all-new sixth-generation Clio, presented at the IAA Mobility 2025 in Munich, Germany. Built on CMF-B platform, the all-new Clio is 4,116 mm long, 1,768 mm wide, 1,451 mm high, with a wheelbase of 2,591 mm. The sixth-generation Clio is powered by a renewed range of engines, spearheaded by the full hybrid E-Tech 160 hp powertrain de...

News  Updated at: 2025/09/09

IFC supports Doğuş Otomotiv, Türkiye, for electric mobility On September 1, the International Finance Corporation (IFC) announced that it will provide EUR 100 million in loan financing to Doğuş Otomotiv Servis ve Ticaret A.Ş. (Doğuş Otomotiv), a leading automotive distributor and retailer.  The investment will help Doğuş Otomotiv purchase and distribute electric vehicles across Türkiye, while supporting continuous investments in sales...

News  Updated at: 2025/09/02

vailable in two variants. The RWD model features a single motor delivering 160 kW (218 PS) of power and 350 Nm of torque. The AWD model comes with dual motors producing 320 kW (435 PS) of power and 700 Nm of torque. Additionally, the company will also showcase Siro, its battery venture, and Trugo, Turkey’s largest high-speed charging network, under the theme “Clean Energy Solutions.” Based on IAA Mobility newsletter on August 28 and Togg w...

News  Updated at: 2025/09/01

Pilotcar to produce light electric vehicles in Turkiye On August 22, multiple sources reported that Pilotcar Automotive Industry and Trade Inc. will build a plant in Işıktepe Organized Industrial Zone in the Nilufer district to produce a wide range of vehicles, from electric cars to golf carts. It will produce 4,500 golf carts, 2,500 electric cars, and 2,000 electric pickup trucks annually. The factory will operate in three shifts and employ 15...

News  Updated at: 2025/08/26

Hyundai relaunches i30 with refreshed design in Turkiye On August 25, Hyundai Motor Turkiye announced the relaunch of the i30, one of the most popular models in the C-HB segment, featuring a refreshed design and enhanced functional features. The i30 will be offered in Turkiye in two trims, the Prime and Comfort. It will be equipped 1.5T MHEV gasoline engine paired with a 7-speed DCT transmission, delivering 140 PS of power and 253 Nm of torque. ...

News  Updated at: 2025/08/26