Automotive Production To Begin Revival

Automotive Production To Begin Revival

Turkey's automotive manufacturers announced that they will start production again in April, signaled that the automotive market will start to revive. Financial risks exacerbated by UPS and downs in global markets, impacts on supply chains and exports, and epidemic-fighting restrictions are putting countries ' economies in a difficult position. The automotive sector was one of the sectors most affected by these developments. THE BULK OF COMPANIES ARE STARTING PRODUCTION According to the statements made by Mercedes-Benz Turk, Honda, Hyundai Assan, Ford Otosan and Karsan companies will restart production by taking the necessary measures. Because of the Coronavirus outbreak, the automotive industry had also come to a standstill. Some companies are preparing to resume production by taking the necessary measures, while others have decided to extend the duration of the closing doors. Anadolu Isuzu, which announced that it would close its doors for 9 days starting from March 30, started its activities again starting from April 14 by reducing its employees and taking further measures. Starting from April 20, Mercedes-Benz Turk, Honda, Hyundai Assan, Ford Otosan and Karsan companies will start their operations again in line with the frequent measures they have taken.