Automobile production in Turkey decreased in the first quarter of 2025, driven by shifts in demand for vehicles used for business purposes. According to data released by the Automotive Manufacturers Association (OSD), the production volume reached 344,120 units, a decrease of 8.7% compared to the same period last year. This article examines the reasons for the decline, its impact on exports, and the potential consequences for the automotive industry.
Recently, Volkswagen announced the sale of 2.2% of its shares in its subsidiary Traton for €360 million ($393 million). This transaction values the shares at €32.75 each and was executed to enhance liquidity and free trading of Traton's stock.