Invest News DetailHurriyet - A family of Turkish-manufactured motor vehicles of different makes are on stage at this year’s Geneva Motor Show in Switzerland, with the spotlight being on Karsan’s V1, a finalist in New York’s taxi cab tender. The 82nd Geneva Motor Show will sport the production model of the V1 concept, designed entirely in Türkiye by Turkish engineers. The only homegrown Turkish make at the show, Karsan was a contender in New York City’s “Taxi of Tomorrow” tender with the V1, losing to Nissan at the final stage last year. Congratulating Karsan officials for the manufacture of a vehicle worthy of being a frontrunner at the automotive industry’s biggest trade shows of the year, Türkiye’s Minister of Economy Zafer Caglayan said that Karsan’s V1 project was an important boost to Türkiye’s national car project and that it is time to serially manufacture the V1. Karsan V1 is slated to enter production in 2014 with a EUR 200 million investment, according to Karsan Executive Director Jan Nahum. Karsan already produces a range of commercial vehicles for European companies like Renault, Citroen and Peugeot, as well as light trucks for Hyundai at its plant in Bursa. Other Turkish-made vehicles of global automotive companies’ concept and production models were also on display at the Geneva Motor Show 2012, including Ford-Otosan’s concept Transit, Hyundai-Assan’s new i20 and Oyak-Renault’s refreshed Megane HB.