Automotive Sector Shows Improvement

Automotive Sector Shows Improvement

The automotive sector is starting to revive after the effects of the Coronavirus outbreak in Europe and Turkey are slowly declining. Production in Europe and Turkey will continue where it left off. TAYSAD Chairman Alper Kanca stated that Turkey was affected by the outbreak from Europe but was not harmed by the crisis in China and that a supply industry could be formed in addition to China in the future. Alper Kanca,” the change in Turkey may lead to opportunity, " he said. As experienced in the global epidemic coronavirus from Turkey living in a harsh decline in the automotive market began to be seen in the healing process. Following the start of Renault's production in the main industry, Tofaş, Toyota and Ford Otosan will open their doors that they closed due to the epidemic on May 4 and continue production from where they left off. All major industrial plants in automotive Turkey in May, albeit limited production, will begin again. As a result, the supplier industry sector started to recover. WE'VE HAD BETTER PROCESSES THAN EUROPE TAYSAD Chairman Alper Kanca compared to European measures taken in Turkey, underlining that quickly and correctly applied "the epidemic had begun to move again before the start of the automotive sector in Turkey. We prepared a report that lists our measures and forecasts and shared them with all our members. Thanks to this, we recovered faster, even though we were affected by the European stopping. We managed the process much better. Nobody in Europe had any plans to combat a properly thought out epidemic. Everyone followed a process like let's close for a week or two and then think again. Not only the main industries but also the governments in Europe could not manage this process well. ” ELECTRIC VEHICLE INVESTMENTS MAY BE DELAYED Manufacturers in Europe suffered significant losses in money due to the cessation of production. In a statement made by Volkswagen in the previous days, it was announced that the cessation of production was lost weekly by 2 billion euro. As a result of this, Kanca said that the investments could be postponed. THIS PROCESS MUST BE EVALUATED TAYSAD Vice Chairman of the Board of Directors Kemal Yazıcı said, “There are requests to postpone the emission limits in Europe. But I don't think this will be very easy. Because environmental organizations in Europe are very strong and people's environmental awareness is very high. Due to the coronavirus, emission limits may be delayed for a while, but the rules will come back soon. For this reason, we will definitely need to acquire these technologies quickly. Maybe it will take 20 years for autonomy, but electric vehicles are the subject of today. In 2025, it is predicted that the cost of electric vehicles will be the same as the cost of vehicles with normal, internal combustion engines. The cost of using these vehicles will also be low. ”