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Turkish Auto Market Remains Strong for Investment in 2026

(MENAFN) Investments in Turkey’s automotive sector are continuing into 2026, driven by the strength of its supply chain over the past five years, according to Baran Celik, chair of the Uludag Automotive Industry Exporters’ Association (OIB).

Celik noted that last year the market reached a record 1.414 million units sold, including passenger cars and commercial vehicles, which has reinforced investor interest. The main automotive industry is considering new investments, particularly from the Asia-Pacific region, with recent capital inflows largely targeting after-sales supply parts producers.

Turkey’s sales of passenger cars and light commercial vehicles also hit a record 1.383 million units, making the market “very attractive” for both passenger and commercial vehicles.
Celik said that the sector’s growth will likely continue, supporting exports and satisfying rising domestic demand. He projected that the market will likely remain above 1 million units sold in 2026, with potential sales between 1.3 million and 1.5 million units, a level previously considered unattainable.

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