The Automotive Sector in Türkiye
As a long-standing driving force of the Turkish economy, the automotive sector is currently under pressure from increasing volatility, political uncertainties, and protectionist policies. At the same time, rapid technological advancements worldwide are accelerating change, challenging product-focused business models and prompting companies to reassess the sector’s success metrics, operating models, and future direction.
The global automotive industry is highly diverse, comprising multiple sub-segments, including original equipment manufacturers, suppliers, commercial vehicle producers, and authorized dealers. Automotive companies have significant growth potential across various areas, particularly in emerging economies, driven by rapidly increasing production, expanding domestic markets, and ongoing research and development in greener vehicles and alternative fuels.