Baku, Azerbaijan, June 11
By Rufiz Hafizoglu - Trend:
The first Turkish domestic car will be offered for sale as early as the beginning of 2021, Turkish media reported with reference to Minister of Science, Industry and Technology of Turkey Faruk Ozlu on June 11.
The minister noted that domestic Turkish cars will be cheaper than other cars manufactured in Turkey.
He further said that Turkey is interested in exporting cars to foreign countries, including neighboring states.
Earlier, Ozlu said Turkey will invest $3 billion in the creation of a domestic car.
Ozlu said the work is currently underway to develop five different prototypes of the domestic car. The minister also noted that one of the cars will be equipped with an electric engine.
The first prototypes of the domestic Turkish cars will be presented at the Geneva motor show, which will be held in 2019.
On November 2, 2017, President Recep Tayyip Erdogan announced the names of companies that will participate in the creation of the domestic car - Anadolu Grubu, BMC, Kıraca Holding, Turkcell and Zorlu Holding.
Erdogan stressed that the creation of a domestic car will strengthen the economy of Turkey. The president also said that Turkey will export domestic cars to neighboring countries. The cars developed in Turkey will be manufactured with different types of body and engines.
The purchase of a domestic car in Turkey will be exempt from special consumer tax.
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