The Italians turned the path to Turkey within the provide chain. The Italians, who plan to maneuver their factories and productions within the Far East to Turkey, see the power disaster, which Turkey has not been affected by, as an element. OSD President Cengiz Eroldu mentioned, “There’s a motion in the direction of Turkey from the Far East manufacturing facilities. There is a rise within the variety of Italian firms that wish to come to Turkey. We observe this.”
Automotive Business Affiliation (OSD) introduced the manufacturing and export numbers and market knowledge for the January-September interval. Accordingly, within the first 9 months of the yr, complete automotive manufacturing elevated by 4 % in comparison with the identical interval of the earlier yr and reached 962 thousand 18, whereas car manufacturing was 571 thousand 6 models, following a parallel course. Along with the tractor manufacturing, the entire manufacturing reached 996 thousand 926 models with a rise of 12 %. Evaluating the Turkish automotive market and manufacturing on the assembly, OSD President Cengiz Eroldu mentioned that overseas investments in automotive have elevated just lately.
SUPPLY CHAIN REPLACES
Emphasizing that the Italians wish to transfer their factories and productions within the Far East to Turkey, Cengiz Eroldu, CEO of TOFAŞ Fiat together with the OSD Presidency, mentioned, “There’s a state of affairs of displacement on this planet within the provide chain. “There’s a motion. We’re observing this. I used to be speaking to the Italian Chamber of Commerce the opposite day. For instance, there was a rise within the variety of Italian firms that come to Turkey just lately. As a result of they wish to carry their manufacturing from the Far East to Turkey,” he mentioned.
WE ARE NOT AFFECTED BY THE ENERGY CRISIS
In line with the information in Yeni Şafak: OSD President, who mentioned that Turkey was positively differentiated from Europe within the power disaster and that such a state of affairs didn’t happen, “In Turkey, power costs are cheaper than in Europe. We don’t see a stance in the meanwhile. However within the final quarter “It’s open to many surprises on this regard. We’ve had many manufacturing disruptions prior to now as a result of chip disaster. Now, an image might emerge that impacts the entire as a result of manufacturing of components resulting from power.” made the assertion.
CAPACITY USE IN AUTO 66%
Stating that the automotive manufacturing in Turkey is on the degree of 4.4 % in parallel with the expansion, Eroldu mentioned, “Our capability utilization, which was 60 %, elevated to 66 % on the finish of the primary 9 months. The home trade at the moment solutions 45 % of Turkey’s complete automobiles. It’s on the degree of 39 % in cars, 59 % in gentle commercials, 67 % in vehicles, and 100% in tractors and buses.”
THERE IS A CREDIT PROBLEM WITH FLEET PURCHASES
Emphasizing that there’s a huge credit score drawback within the buy of fleets and business automobiles and that it will trigger deep wounds sooner or later, OSD President Eroldu mentioned, “At present, there’s a automobile park of company prospects that want severe renewal within the nation. Nevertheless, financing can’t be offered. It stands as a severe impediment in entrance of the automotive trade. If export markets contract, too. “Industrial car manufacturing will probably be in bother. It is vital for each employment and the safety of our trade. Measures have to be taken for this,” he mentioned. Eroldu mentioned that the acquisition of funding automobiles has stopped and that new purchases are inside the scope of want.
40 THOUSAND REVISED FOR EXPORT
OSD President Cengiz Eroldu, who additionally shared his predictions for this yr, mentioned, “In line with the data acquired from our members, we now have an expectation that there will probably be a slight lower. We had an export forecast of 1 million 70 thousand to 1 million 140 thousand models. We shared them with you on the final assembly. Now 40 every. We’re lowering 1,30 thousand models every. However I nonetheless wish to draw your consideration to this: Once we take a look at it, it exhibits a rise of 11% to 17% in comparison with final yr, and we now have a rise of two and a half in exports within the first 9 months. Which means that availability and exports within the final quarter have elevated. It is a sign that there will probably be extra,” he mentioned.
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