Turkish Automotive Sector

Turkish automotive sector going through a rapid industrialization and advancement period has been turned into a fully-fledged industry with the ability of design and extensive production capacity from partnerships mainly based on assembly. Investments made by original equipment manufacturers (OEM) in the sector have significantly developed the manufacturing capabilities of manufacturers and have made Turkey an important actor of the global value chain of international OEMs. Due to the advantages of competitive and qualified labor, dynamic domestic market and convenient geographical location, the vehicle production of 13 global OEMs in Turkey exceeded 1.3 million vehicles in 2015.  The considerable growth achieved by the Turkish automotive sector enabled Turkey to be the 15th largest automotive manufacturer of the world and the 5th largest automotive producer of Europe as of the end of 2015.

OYAK Renault which is one of the affiliates of OYAK engaging in activities in the Turkish automobile sector as a manufacturer produced 339 thousand automobiles an exported 270 thousand automobiles as of the end of 2015 and managed to be on the top of the list in the sector in terms of both the production and export of automobiles.  The Company came the 3rd in the general ranking of Turkey and the 2nd in the sectoral ranking in the list of top one thousand exporters for 2014 as announced by the Turkish Exporters Assembly (TİM) in May 2015. OYAK Renault came the 4th in the İSO (İstanbul Chamber of Industry) 500 list prepared based on the data of 2015.

Our subsidiary, MAİS, providing sales and after-sales services had a market share of 16.8% in the automobile and light commercial vehicle market with Renault and Dacia brands in 2015.