12/10/2010

“Turkey, a very promising economy for Toyota”

Dunya - Michel Gardel, Vice President of External Affairs for Toyota Motor Europe, said that Turkey has a very promising economy for the company with its rapidly growing car market, currently ranking 4th in growth rate in Europe.

To ease difficulties in exporting cars from Toyota’s home country Japan due to customs clearance issues and the overvalued yen, Gardel said Toyota’s production has largely shifted to Europe and Turkey. “We plan to increase production in the UK and Turkey,” he added.
turkey; Turkish economy; automotive industry; Turkish car market; Toyota; car production