After the additional 40 percent tax imposed on Chinese automakers, production signals started to come from Turkey. First Chery, then MG, expressed that they could give the green light for production in Turkey. Here are all the details…
MG can produce in Turkey!
In his statement, Doğan Trend Otomotiv CEO Kağan Dağtekin drew attention to the dynamism created in the world automotive industry by the rapid rise of the Chinese automotive industry. Stating that Western brands have established partnerships with Chinese companies to increase their competitiveness, Dağtekin said that the European Union is preparing to take tax measures against Chinese vehicles.
He said that Turkey’s decision to increase the customs duty on vehicles imported from China to 50 percent did not affect Doğan Trend Otomotiv’s long-term strategy. Emphasizing that the MG brand, which the company brought to the Turkish market in 2021, is in a leading position in Europe, Dağtekin said that they are working for one of MG’s production facilities to be established in Europe to be in Turkey.
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Stating that they have reached the stage of signing a letter of intent with MG, Dağtekin said that the investment decision will take time and that they have received support from the Ministry of Industry and Technology. He said they met with SAIC-MG officials under the leadership of Minister Fatih Kacır in December and explained Turkey’s automotive production capacity.
Dağtekin stated that they believe that the production facilities to be established by MG in Europe and/or Turkey will increase the competitiveness of MG brand vehicles. Dağtekin stated that the company’s primary goal is to accelerate production and balance prices after July 8 with the special support from MG, and added that they will continue to provide full service to existing customers and dealers.
