Turkey unveils details of domestic car project


Turkish President Tayyip Erdogan speaks during a ceremony to unveil theÊdomestic electric car project in Gebze, Turkey, December 27,2019.

ISTANBUL: Details of Turkey’s “domestic car” project have been revealed hours before the vehicle’s prototype is scheduled to be showcased, with the government announcing comprehensive incentives to support the endeavor.

Turkey’s Automobile Joint Venture Group Inc, or TOGG, which comprises five companies and a business umbrella organisation, will establish a factory in the manufacturing hub of Bursa, according to a presidential decree in the official gazette.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Turkey , car , project , President , Erdogen , domestic ,

   

Next In Business News

Trading ideas: MAHB, Capital A, Chin Hin, Cypark, Gadang, Comfort Gloves, HHRG, Haily
Crest Builder unit bags RM486mil job
Axis-REIT shows improved quarterly performance
Vietnam apparel companies raise concerns over 2H production
Strong earnings expected for Ancom Nylex
PMIs improve even as weak yen intensifies price pressures
Optimistic outlook for Grade A premium offices
Medical tourism to bolster private hospital growth
Haily wins RM109.5mil contract
ASIAWATER 2024 set to chart course for water resilience

Others Also Read