Automotive sector figures

Meeting and exceeding international quality and safety standards, today’s Turkish automotive industry is highly efficient and competitive thanks to value-added production.

As part of its commitment to transforming its automotive industry, which has historically been a key economic driver in integrating the Turkish economy with the global value chain, and to its vision of making Türkiye an economic powerhouse, Türkiye has introduced its own locally-developed born-electric car built upon strength stemming from the country's long-standing know-how in the area. 
 

• Leveraging a competitive and highly-skilled workforce combined with a dynamic local market and favorable geographical location, the vehicle production of 8 global OEMs in Türkiye has increased by almost five times from 300,000s in 2002 to over 1.3 million units in 2021. This represents a compound annual growth rate (CAGR) of around 6 percent during that period.

• Significant growth posted by Türkiye’s automotive sector led to the country’s becoming the 13^th largest automotive manufacturer in the world and 4^th largest in Europe by the end of 2021.

• Türkiye has already become a center of excellence, particularly with respect to the production of commercial vehicles. By the end of 2021, Türkiye was the number one producer of commercial vehicles (CVs) in Europe.

• Proven as a production hub of excellence, the Turkish automotive industry is now aiming at improving its R&D, design, and branding capabilities. As of 2022, 156 R&D and design centers belonging to automotive manufacturers and suppliers are operational in Türkiye.
• Türkiye offers a supportive environment on the supply chain side. There are around 1,100 component suppliers supporting the production of OEMs. With the parts going directly to the production lines of vehicle manufacturers, the localization rate of OEMs varies between 50 and 70 percent.
• Türkiye is home to many global suppliers. There are more than 250 global suppliers that use Türkiye as a production base, with 30 of them ranking among the 50 largest global suppliers.

Source: Presidency of Republic of Türkiye Investment Office