Turkey, Russia start joint car production (UPDATE)

Business Materials 22 November 2013 17:31 (UTC +04:00)
Russia and Turkey intend to start joint car production.

Details were added (first version was published at 16:20)

Baku, Azerbaijan, Nov. 22
By Emil Ismayilov - Trend:

Russia and Turkey intend to start joint car production, Turkish Prime Minister Recep Tayyip Erdogan said at a joint press conference with President of Russia Vladimir Putin in Saint Petersburg on Nov.22.

Earlier, Turkish Minister of Science, Industry and Technology Nihat Ergun said that Turkey will prepare a package of measures to stimulate the production of domestic cars. Turkey has great experience in car production, but has not produced a domestic car yet.

Turkey ranks sixth in car production in Europe. The country produces or assembles Ford, FIAT, Renault, Toyota, Honda, Opel, Hyundai, Mercedes-Benz and MAN cars. Moreover, Turkey manufactures BMC, Temsa and Otokar buses.

According to the Turkish Statistics Institute (TUİK), the number of vehicles operating in the country reached 17,653,281.