Categories Company & Industry HIGHLIGHTS Markets TOGG set to deliver 1,000+ cars next month Cem CetingucPosted on28 April, 2023 Togg aims to deliver more than 1,000 vehicles in May, says Gürcan Karakaş, the CEO of Türkiye’s first … Continue ReadingTOGG set to deliver 1,000+ cars next month
Categories Business Company & Industry HIGHLIGHTS HYPED TOGG to receive 100,000 preorders in first weeek Cem CetingucPosted on24 March, 2023 Togg, Türkiye’s first domestically manufactured car brand, has announced that its first smart device model … Continue ReadingTOGG to receive 100,000 preorders in first weeek
Categories Company & Industry Finance HIGHLIGHTS Turkish automobiles: Mostly a domestic story in 2023 Cem CetingucPosted on21 January, 2023 2023 more about domestic than exports, and more about pricing than volumes. A strong December … Continue ReadingTurkish automobiles: Mostly a domestic story in 2023
Categories Company & Industry General HIGHLIGHTS Tech Turkey’s first electric car will be introduced to Europe in 2024 Cem CetingucPosted on2 August, 20222 August, 2022 Domestically produced electric vehicle Togg will hit the roads in Türkiye in the first quarter of 2023 … Continue ReadingTurkey’s first electric car will be introduced to Europe in 2024
Categories Business Company & Industry HIGHLIGHTS Turkish automotive production and exports fell in the first two months of 2022 Cem CetingucPosted on17 March, 2022 According to the January-February data of the Automotive Industry Association (OSD), total automotive production decreased … Continue ReadingTurkish automotive production and exports fell in the first two months of 2022
Categories Business Company & Industry HIGHLIGHTS $2 billion investment is on it’s way from Turkish Auto parts industry Cem CetingucPosted on25 January, 2022 Turkey’s automotive parts supplier companies plan to undertake investments worth $2 billion this year, up from … Continue Reading$2 billion investment is on it’s way from Turkish Auto parts industry
Categories Business Finance HIGHLIGHTS Turkish Automobiles: Still appealing in a world of uncertainties Cem CetingucPosted on13 January, 2022 Seeking supply/demand equilibrium. Our 2022 outlook for the Turkish auto industry is for slight to … Continue ReadingTurkish Automobiles: Still appealing in a world of uncertainties
Categories Economy General HIGHLIGHTS Markets Chip crisis, tax system fix: Turkey’s 2022 auto sector expectations Cem CetingucPosted on28 December, 2021 The automotive industry is about to put an “extraordinary” year behind it, top officials from … Continue ReadingChip crisis, tax system fix: Turkey’s 2022 auto sector expectations
Categories Business Company & Industry HIGHLIGHTS Turkish Automotive : Great expectations Cem CetingucPosted on30 November, 202130 November, 2021 In this report, we transfer coverage and revisit the investment cases of Ford Otosan, Tofas … Continue ReadingTurkish Automotive : Great expectations
Categories Company & Industry Markets Turkish motor vehicle production decreased 28% YoY in October Cem CetingucPosted on15 November, 2021 Automakers in Turkey produced 108,078 vehicles in October, including automobiles and commercial vehicles, according to … Continue ReadingTurkish motor vehicle production decreased 28% YoY in October
Categories Company & Industry Finance Turkish automobiles: Seeing the half glass full Cem CetingucPosted on13 September, 2021 Better to have a supply problem than a demand problem: As is the case for … Continue ReadingTurkish automobiles: Seeing the half glass full
Categories Business Company & Industry Finance Turkish Industrials: Earnings Momentum set to continue in 2H; top picks KOC and Sabanci Cem CetingucPosted on10 September, 2021 Following another strong quarter supported by both healty domestic demand and exports,we increase our F2Y1E-22E … Continue ReadingTurkish Industrials: Earnings Momentum set to continue in 2H; top picks KOC and Sabanci
Categories Company & Industry General Chip shortage forces Toyota Turkey to cease production Cem CetingucPosted on20 August, 202121 August, 2021 As the semiconductor shortage keeps bedeviling the automotive industry, Toyota is pausing production at its … Continue ReadingChip shortage forces Toyota Turkey to cease production
