Son Dakika

Cengiz Eroldu, Chairman of the Automotive Industry Association (OSD), who assessed the Turkish automotive industry’s half-year results and current developments in the automotive industry, spoke about developments in global markets, the impact of the contraction of the European market on Turkey and the current economy addressed its policies.


Due to rising automobile prices along with inflationary pressure and rising exchange rate, the number of models below the 80% SCT segment fell below 10. A limited number of vehicles from less than 400,000 TL remained in Turkey. The fact that the SCT scales of 45%, 50% and 70% have lost their function in the face of price increases has created an expectation of new regulation in the SCT bases on both the consumer and brand side.

According to OSD President Cengiz Eroldu, whose remarks are echoed in the news of the Dünya newspaper, it does not seem possible that a reduction in the SCT will come to the fore in the short term, in this period when the offer is far behind demand and the country’s economy needs more tax revenue. Regarding the subject, Eroldu said: “In the current context, it does not seem fair to me to say: ‘Let’s lower the SCT, while we are not going to cultivate goods’, on the other hand. The Ministry of Finance has the information latest reports on TBS. Currently, there is a certain demand in Turkey. As long as this demand continues so fast and considering the country’s financial record, the reduction of TBS does not seem very rational. But after a while point, the demand will start to decrease, so I think the issue can be assessed. We haven’t discussed it on the OSD board, but that’s my personal opinion,” he said. he declares.


OSD President Cengiz Eroldu said that the first 6 months of this year did not go too badly in terms of automobiles: “Our production increased by 1.5% compared to the same period of the previous year, our capacity utilization increased from 65% to 67% Although lagging behind previous years, there is an improvement There is a 1.2 percent increase in exports in terms of units and an increase of 5.3 percent in terms of quantity despite parity.Besides all these positive data, only the automotive market in Turkey fell by 8.8% in the first half of the year. either compared to the drop in the European market, a better figure. The Turkish market actually showed better results than the European markets in the first 6 months,” he said.

The increase in auto production caught the eye in auto industry data announced by the OSD in June. Automobile production, which fell for consecutive months due to the chip crisis and rose only 0.3% in May, rose 38.7% on an annual basis in June and rose to 86,585 units. Total auto production, on the other hand, rose 26% on an annual basis in June and stood at 135,000,424 units. Thus, automobile production in the first six months of the year decreased by 8% compared to the same period of the previous year and became about 383,000 units, while total production during this period increased increased by 1.5% to 649,000,311 units.

“The flea crisis has eased”

Automakers, who had predicted the negative divergence in chip supply would end, raised their year-end targets slightly in May. OSD Chairman Cengiz Eroldu in his statement at the time announced that they had raised the sector’s export growth forecast from 11-12% to 14-24%, and that they had increased the expected rate of increase in production in the range of 8-15%. at 10-18 percent. Noting that they have maintained this target despite all the negativities in the market, Eroldu said: “The first 6-month chart also shows an improvement over last year. Production losses due to materials and chips were high in the first 6 months of the Turkish automotive industry, but we expect this to be somewhat more compensated in the second period.”


However, stating that declining demand in export markets and developments in the Turkish economy present risks for the sector, Eroldu said: “The most important position and the decreasing number may pose a problem. to the Turkish automotive industry on the export side.” It seems that this will lead to detente. Therefore, the second half will be a bit more difficult,” he said.

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