Turkish Automotive Suppliers Announced 2030 Goal: Turkey, Candidate for Being a Global Automotive Hub

CAYIROVA, Turkey, March 2, 2017 /PRNewswire/ --

Turkish Association of Automotive Parts and Components Manufacturers (TAYSAD) Chairman Alper Kanca said that they were determined to become a global automotive hub in 2030 

The Turkish automotive supply industry, whose large market is Europe, is taking sure steps towards its goal of becoming a global power. Turkish Association of Automotive Parts and Components Association (TAYSAD) Chairman has said "The Turkish automotive supply industry will reach its goal of becoming a global automotive hub in 2030 through the "Design, Technology and Logistics " formula. With its more than 360 members in various parts of Turkey, TAYSAD provides employment for more than 150,000 persons. Our members have a turnover of $23 billion and exports of $9 billion. 77 of our members have accredited R&D centers. TAYSAD members invest everywhere in the world. 59 of them have invested in more than 156 facilities in 40 countries. Thus, TAYSAD is exhibiting a strong presence in the world automotive industry."

     (Logo: http://mma.prnewswire.com/media/474007/TAYSAD_Logo.jpg )

The country that exports the most vehicles to Europe: Turkey 

TAYSAD Chairman Alper Kanca said, "2016 was a year in which there were very many positive developments in the Turkish automotive industry. However, there were also events that threatened to undermine economic stability and democracy. The automotive sector drives production, employment and exports in Turkey. The sector is 17th in the world in domestic market sales and 6th in European automotive sales. I say with pride that we are the country in the world that exports the most to Europe. At the end of 2015, EU countries had imported 843,000 vehicles. Following Turkey is Japan, with 480,000, South Korean, with 376,000, and the US, with 250,000."

The production of vehicles in the world will grow!  

Chairman Alper Kanca said, "Our common belief as the TAYSAD administration, is that there will be an increase in total vehicle production in the world. This is because there is need and this need will be reflected in production. The essential question is this: What model will be manufactured and in which counties will this manufacturing be done? Developments indicate that Turkish supply industrialists, which lead with their quality and economy, will have a greater say."

There was great interest in the new vehicles that began to be manufactured in Turkey in 2016  

Chairman Alper Kanca, making an announcement about the Toyota C-HR and the Tofaş Egea models that began to be produced in Turkey in 2016, said, "The Toyota C-HR and the Tofaş Egea, two large projects being carried out in Turkey, are receiving a great deal of attention. The Toyota C-HR, the first hybrid and crossover vehicle produced in Turkey, has begun mass production. 60% of the Toyota production plant's capacity in Sakarya will be used for the C-HR, which got off the ground due to a €350 million investment. 90% of the C-HR manufactured will be exported. On the other hand, Tofaş's Egea model is quickly on its way to breaking records. The plant manufacturing them puts out 1500 of them per day, making it the fastest producing plan in the Turkish automotive sector. Tofaş's Egea model has received great demand both from within Turkey and abroad. Therefore, a decision was made to set up a second frame assembly line. Egea will now be manufactured on a single conveyor belt, through which production will increase two-fold. An investment of €50 million will be made."

Foreign-owned companies are increasing investments in Turkey 

Not only OEMs like Toyota and Fiat, but also international Tier 1 suppliers are demonstrating their confidence in Turkey through investments. Alper Kanca assessed the situation, saying "Foreign company investments in Turkey make up hopeful about the future. To give an example, the German automotive supply industry company ElringKlinger will invest in a plant in Bursa. Freudenberg decided to establish a Turkey and Middle East regional distribution platform in Bursa. The first shock absorber manufacturer in Turkey, Maysan Mando, is planning to invest a total of $130 million by 2019 to expand the range of products it makes in Turkey. Taking all of these into consideration, we see that the states of the world have confidence in the investment environment in Turkey. This makes us very proud as Turkey."

Turkey invites European countries to collaborate 

Alper Kanca said that "As Turkish automotive supply industrialists, our investments have begun to bear fruit. They are continually growing and we plan new investments with our partners. Foreign investors and all of our stakeholders abroad are able to transform Turkey's potential, speed and ability to do business into opportunity. As Turkish automotive industrialists we continue to invest in Europe and want to strengthen economic integration with European countries. In order to mutually increase the confidence built with European countries, we expect positive support and cooperation from our EU partners. This situation will bring mutual economic, political and social benefits to both sides."

Figures: 

   
                    2010       2011       2012       2013       2014       2015
    World         2,494,969  2,634,179  2,462,253  2,442,309  2,628,245  3,076,163
    Turkey          571,304    580,076    585,392    584,693    707,560    843,112
    Japan           613,975    526,270    406,982    384,694    439,678    480,536
    South Korea     299,765    388,230    408,266    406,376    348,815    376,142
    United States   187,392    244,507    243,926    222,920    243,264    250,305
    China           171,399    179,795    197,908    184,349    191,376    241,764
    Morocco           4,904     20,302     64,625     99,503    168,995    188,369
    South Africa     74,228     85,676     67,702     59,515     87,083    140,899
    Mexico          137,767    183,971    179,622    107,429     76,118    121,799
    India           227,561    234,197    162,652    175,464    107,775     98,503
    Thailand         44,445     40,471     25,270     41,066     68,184     94,903

SOURCE TAYSAD