The global automotive industry is a diverse sector consisting of various sub-segments, including original equipment manufacturers, parts suppliers, commercial vehicle producers, and authorized dealers. Automotive companies have significant growth potential in many areas, such as rapidly increasing production in emerging economies, expanding domestic markets, and the research and development of 'greener' vehicles and fuels.
Automotive Industry in Türkiye
The automotive sector, which has been Türkiye's leading industry for years, is being pressured by increasing volatility, political uncertainties, and protectionist policies. On the other hand, the continuous technological advancements worldwide are challenging the product-focused business approach, pushing companies to question the success criteria, business models, and future of the automotive industry.
KPMG Türkiye Automotive Team
As KPMG Türkiye's experienced Automotive team, we provide proactive and forward-thinking solutions in audit, tax, and advisory to help our clients capitalize on the growth potential the sector is currently witnessing and overcome the challenges they face. Our global network of member firms in the automotive industry brings together our audit, advisory, and tax experts, allowing us to approach our clients' operations in the sector with a comprehensive perspective.
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