Turkish carmakers face stiff competition from Chinese rivals

Gabriel Negreanu

ISTANBUL Chinese companies are using state subsidies to flood the local market with cheap cars that put local carmakers in a difficult position, according to Berk Çağdaş, general manager of MAİS. “This has been all about price competition. They [Chinese companies] bring those cars only to capture a larger share in the local market,” he added. “Would this strategy be sustainable? We simply don’t know yet.” Chinese carmakers are selling more and more vehicles in the Turkish market. For instance,

Turkish carmakers face stiff competition from Chinese rivals https://www.hurriyetdailynews.com/ - 09:14

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Turkish carmakers face stiff competition from Chinese rivals https://www.hurriyetdailynews.com/ - 09:14