Turkish auto industry to rise at a CAGR of 8.4%

The country’s automotive sector has also been witnessing an export shift toward the Middle East and North Africa. However, the expansion of Turkey’s automotive market could be challenged by surging raw material costs.

New report “Automotive Market in Turkey 2011-2015” developed by Infiniti Research provides true and unbiased insights into the automotive sector in Turkey. The research study sheds lights on the market’s landscape and growth prospects in the forthcoming years, as well as includes a comprehensive discussion of the vendors operating in this marketplace.

Key vendors dominating this market space include: Renault SA., Ford Motor Co., Daimler AG, Otokar Otomotiv ve Savunma Sanayi AS. Other vendors mentioned in the report: Oyak-Renault Otomobil Fabrikalar?± A??, Tofa??, Toyota Motor Manufacturing, Hyundai Assan Otomotiv San ve Tic A??, Honda Turkiye AS, Mercedes-Benz Türk AS, Ford Otosan, Anadolu Isuzu Otomotiv Sanayi ve Ticaret AS, Karsan Otomotiv Sanayii ve Ticaret, Temsa Global, Otokar Otomotiv ve Savunma Sanayi, British Motor Corp., Karsan Otomotiv Sanayii ve Ticaret A??, and Maschinenfabrik Augsburg-Nurnberg.