The Automotive Manufacturers Association (OSD) celebrated its 50th anniversary in Turkey with a gala dinner attended by members and automotive journalists. OSD President Cengiz Eroldu answered questions from the automotive press before the gala and evaluated BYD’s investment in Turkey.
The Way Has Been Opened for New Brands
Stating that the BYD investment is positive for other players in Turkey, the OSD President said that the competition will keep all players alive. Stating that technology transfer from China will also come to the country, Eroldu said, “BYD’s investment shows that the government’s tax policies are correct. Other companies may come after this investment. If we expand the market, more players are likely to come.”
Domestic Vehicle Sales Dropped to 32 Percent
Eroldu also touched upon domestic vehicle sales in the domestic market, saying, “The domestic share has decreased compared to last year. On the export side, an increase of 5 to 10 percent is expected. Domestic production has lost its market share in total production.”
We Exported 19 Million Automotive in 50 Years
OSD President Cengiz Eroldu stated that the Turkish automotive industry has produced 32 million vehicles in 50 years and exported 19 million. He emphasized that the automotive sector provides a significant current surplus and employment to Turkey.
BYD Turkey’s Size Reaches 3.8 Billion Euros
Eroldu stated that if BYD’s production is electric or hybrid, its impact on the Turkish economy could reach 3.8 billion euros, and the turnover it would provide to the domestic market could be 1.3 billion euros.
