The decision of the Ministry of Trade to impose additional customs duties on gasoline and hybrid passenger cars of Chinese origin in order to increase and protect the share of domestic production in the domestic market has increased the interest of Chinese brands in Turkey.
BYD
BYD plans to invest approximately $1 billion in Turkey to establish a production facility for electric and hybrid cars. This investment is expected to have positive effects on other Chinese brands.
Skywell
Skywell plans to invest by establishing a vehicle production line in Turkey and expanding its technological partnerships.
DFSK
DFSK aims to increase its market share by operating with passenger and commercial vehicles in Turkey.
Chery
Chery aims to strengthen its presence in the market by deciding to manufacture in Turkey.
MG
MG plans to establish production facilities in Turkey to continue its development in Europe.
SWM
SWM Motor has completed its applications for production in Turkey and continues to work on its production facility.
Number of Chinese Brands on ODMD List Increases to 11
While the market share of Chinese brands in Turkey is increasing, according to ODMD data, there are 11 Chinese-origin brands in the Turkish automotive market.
Share of Chinese Brands in the Turkish Market
The total sales of Chinese automotive companies in Turkey have increased and their market share has increased. The brands with the highest sales among Chinese brands are Chery, MG and BYD.
Share of Chinese Brands in Imported Vehicles
The share of Chinese brands in imported vehicles in Turkey reached 12 percent, strengthening their position in the market.
