12/11/2009

Turkish automotive production up 30 percent

Reuters - Türkiye's vehicle production in November rose 30 percent year-on-year, said the country's automotive association. There are growing indicators that Türkiye's economy has already started to recover, although the Central Bank expects the upturn to be slow and gradual. Earlier this year the government introduced temporary sales tax cuts on vehicles to try and support its key auto manufacturing industry.
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