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New York, NY, United States, 2008/02/06 - Frost & Sullivan to host briefing: "Turkey’s Transformation into an Automotive Export Base with Favorable Access to European Markets" - Analyst briefing to be held on February 21.
Short Description: Research Associate, Lavanya P Arun, has completed extensive analysis for the Turkey Automotive market. The research expert will lead a short teleconference about new findings that affect the market, followed by a live question and answer session.
You Will Discover: The Turkish automotive industry is the most advanced division of the total manufacturing industry in Turkey. The Turkish automotive industry was established in the 1960s with the aim of import substitution. In the 1980s, economic cooperation was established with foreign vehicle manufacturers through increasing foreign capital participation. The integration of Turkey into the European Customs Union transformed Turkey into a global production base producing for export. The automotive sector underwent fundamental change in the 1990s, the government provided incentives for the manufacture of new and up-to-date model vehicles, and this enabled the Turkish automotive industry to transform into a competitive industry manufacturing for export.
Turkey’s automotive firms have given preference to modernization, new model development and quality improvement investments to increase their competitiveness since the accession to the Customs Union. It is also important to notice that the production for domestic markets have shown significant improvement in development of new models and increase in quality level of vehicles since joining the EU Customs Union.
Highlights of the briefing include: This Analyst Briefing on the Turkish Automotive and Transportation Industry analyses the impact of Turkey’s membership in the EU Customs Union, its potential EU membership and the government policies and incentives that have shaped its automotive industry into the nation’s most advanced sector. The briefing also studies the economic trends in Turkey, the effect of demand volatility on the auto sector and the factors that make Turkey a much sought after export base.
Who Should Attend: The teleconference is a must for research staff, strategic planners, business development managers, and marketing executives active in the Automotive marketplace or if you are considering entering this dynamic market.
Registration: To pre-register for this event click link below.
Analyst: Lavanya P Arun
Briefing Date: Feb 21 2008
Time: 11am EST/10am CST/4pm GMT/5pm CET
Economic Research & Analytics
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