Facts About Turkish Automotive Sector
What is Turkey Procurement ?
Turkey procurement is mainly associated
textiles,shipbuilding,automobile. It is mainly about electronic products,automobiles,textules and shipping.
Automobile sector is an important part of turkey procurement. In turkey clothes are also produced.
An advantageous country for vehicle manufacturers
Turkey holds the advantages of being a production center. Such advantages is very important in new centers of automotive production.
The key factors of competition are high costs of energy, raw material and labor.
An attractive country for foreign by-industrialists
ďƒ˜ Turkey can be exploited both to fulfill increasing demands of domestic automotive producers. ďƒ˜ Turkey is also important for subcontracting companies for vehicle manufacturer.
An update about Automotive Sector
Turkey has been going through a major change in decades.
GDP of the country has reached to US$ 10,000. Automotive industry is the heart of Turkish economy.