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New model investments blew up automobile exports!
Automotive Industry Exporters Association (OIB) Chairman Orhan Sabuncu, the increase in passenger car exports in the first half of the year reached 71 percent, "Toyota, Oyak Renault, Tofas, Hyundai Assan and Honda recently made significant investments in new passenger car models. we can see the results today." said.
Sabuncu, January-June period, compared to the same period last year, exports increased by 22.4 percent to 14 billion 359 million 485 thousand dollars, the largest contribution to the automotive industry came from the export of passenger cars, he said. The increase in exports of passenger cars, sectoral average is much above the remarkable Sabuncu, "The increase in automotive exports in the first half of the year, is mainly based on the increase in exports of passenger car goods group. When we look at the other main export items are almost the same figures as last year. export growth has reached 71 percent. This is actually an expected increase. " he said.
We can see the results of the investments today
Sabuncu, major industrial manufacturers expect to see increases in exports after the new model investments, stressing, said: ""Toyota, Oyak Renault, Tofaŝ, Hyundai Assan and Honda recently made significant investments in new passenger car models. We can see the results of this recently. With the significant investments, our country's motor vehicle production capacity is based on the limit of 2 million units. Our production of motor vehicles increased to 1.5 million units and our exports increased to 1.1 million units. We expect these figures to go up this year. "" Orhan Sabuncu, the European Union (EU) passenger car market growth of 5 percent in the first half of the year, especially in the United States of America, especially in the increase in passenger car exports to the positive developments contributing to this success, he said.