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Auto sales reach record 1.23 million last year

Türkiye's auto market expanded more than 57 percent last year from 2022, with passenger cars and light commercial vehicle sales hitting an all-time high of 1.23 million.

From January to December 2023, a total of 967,342 passenger cars were sold in Türkiye, marking a robust 63.2 percent increase from the previous year.

Technology investments to help lower current account deficit

Industry and Technology Minister Fatih Kacır has said during his ministry's budget discussion for 2024 that Türkiye will contribute $7 billion a year to closing the current account deficit by implementing 185 projects focusing on medium and high technology with an investment of $66 billion.

Togg speeds up car deliveries in August

Türkiye's indigenous electric carmaker Togg delivered more cars in August than the previous three months combined.

The company delivered 1,965 T10X model cars last month, whereas the total deliveries stood at 1,435 in May, June and July.

Preorders for the Togg T10X were taken online from March 16 to 27, and some 177,000 vehicles were sold online.

Togg delivers more than 2,000 cars

 

The number of Togg vehicles on Türkiye's roads has exceeded 2,000, Technology and Industry Minister Mehmet Fatih Kacır has said.

Türkiye's first indigenous electric carmaker delivered more cars in the first half of August than it did in the whole of July, Kacır wrote on social media platform X, formerly known as Twitter.

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