Baku, Azerbaijan, July 9
By Rufiz Hafizoglu – Trend:
Starting from 2024, Turkey will start exporting domestic cars to the markets of neighboring countries, said Mehmet Gurcan Karakas, head of the consortium for the production of domestic cars, Trend reports referring to Turkish media.
According to Karakas, the vehicle intended for export will be of an SUV class. The head of the consortium noted that cars of domestic production will appear in Turkey starting from 2022.
Meanwhile, the Turkish "Zorlu Holding" company, together with four other companies. which are members of the consortium for development of a domestic Turkish car, presented the first prototype of the vehicle.
The prototype was developed together with the "Vestel Elektronik" company and is entitled "VEO".
Earlier, Turkish Minister of Science, Industry and Technology Faruk Ozlu said that Turkey will invest $3 billion in manufacturing the domestic car.
Ozlu said work is currently underway to develop prototypes of five different models of the domestic car.
The minister also noted that one of the cars will be equipped with an electric motor.
On November 2, 2017, President Recep Tayyip Erdogan announced the names of companies that will participate in the creation of the domestic car including Anadolu Grubu, BMC, Kıraca Holding, Turkcell and Zorlu Holding.
Erdogan stressed that the creation of a domestic car will strengthen the national economy. The president also said that Turkey will export domestic cars to neighboring countries.
The cars developed in Turkey will be manufactured with various types of body and power units.
The purchase of a domestic car in Turkey will be exempt from special consumer tax.
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