Automotive News
The automotive industry is a major global manufacturing sector focused on the production and export of vehicles.
Turkey's auto exports hit $2.79B in August
Turkey's automotive industry exported $2.79 billion in August, maintaining its position as the country's top exporting sector. Year-to-date exports for the industry have surpassed $27.2 billion.
Autohaus König files for insolvency
Autohaus König, a well-known car dealership group in Berlin and Germany's largest Renault dealer, has filed for insolvency, citing pressure on the German auto industry.
Turkey car sales fall 25% in August
Turkey's automotive market saw a 20.28% decrease in August compared to last year, with car sales alone dropping 25.16%. The Togg T10X was the best-selling car model for the month, and Togg accounted for over 41% of electric vehicle sales.
The automotive industry is a major global manufacturing sector focused on the production and export of vehicles.