Skip navigation links
Press Releases
News from Turkey
Publications
Upcoming Tenders
Links
Videos
Newsletter Subscription
This page is print preview page.
Click here to return to the page.
Print page
News
 
Toyota Begins Mass Production of New Corolla Hybrid in Turkey 
16.11.2018

Starting next year, Japanese automotive giant Toyota will begin mass production of its new Corolla hybrid in Turkey. The hybrid version of the automaker's iconic Corolla will make its global debut when it rolls off the production line in Turkey in Q1 2019.

 

Toyota Corolla’s hybrid version will benefit from Turkey’s newly-unveiled special consumption tax incentive, becoming a source of pride for Turkey and a driving force for Toyota in today’s highly-competitive auto market.

 

Industry and Technology Minister Mustafa Varank announced that the new fuel-efficient model will be exported to 100 countries from Turkey. “I had the opportunity to drive Toyota Corolla’s sedan hybrid. A hybrid car of this type will be produced in Turkey for the first time. Electric and hybrid vehicles are becoming widespread and are replacing conventional engines. With these new models of hybrid vehicles, which provide fuel savings of up to 50 percent, Turkey will see declines in fuel imports and thus reduce its foreign trade deficit,” said Varank.

14.02.2019 FDI Inflows to Turkey Surged in 2018
12.02.2019 Japanese Secom Enters into Turkish Market
08.02.2019 President Erdoğan Receives a Delegation of US Businesspeople
01.02.2019 Hybrid Version of Iconic Corolla Makes Global Debut as First Batch Rolls Off Line
07.01.2019 PepsiCo Commissions Sixth Factory in Turkey
14.12.2018 President Erdoğan Unveils Second 100-Day Action Plan
21.11.2018 Turkey and Russia Mark Completion of Offshore Section of Turkstream
18.11.2018 GE to Develop Manufacturing Tech for Aviation in Turkish Lab
16.11.2018 Toyota Begins Mass Production of New Corolla Hybrid in Turkey
13.11.2018 Pirelli’s Licensed Manufacturer Prometeon Invests in Turkey
<<
1 2 3 4 5 6 7 8 9 10
>>