Turkish automotive industry targets $43 billion in exports this year
Türkiye’s automotive industry is targeting $43 billion in exports this year after increasing overseas sales by 4.3 percent year-on-year to $20.8 billion in the first half, Uludag Automotive Industry Exporters’ Association (OİB) Chairman Kemal Yazıcı has said.
Speaking at the “Champions of Exports Awards Ceremony” organized by the OİB, attended by Trade Minister Ömer Bolat, Yazıcı said the sector would “most likely” achieve its $43 billion export target in 2026 and could even surpass it.
Yazıcı said the Turkish automotive industry has become one of Europe’s leading production hubs.
“Our sector provides employment to more than 550,000 people, including 250,000 directly employed. With 14 main industry companies, thousands of suppliers and more than 3,000 active exporters, we contribute to the national economy,” he added.
