Xinhua
15 Mar 2025, 22:53 GMT+10
An MG 4, a Chinese electric vehicle model, is connected to a charging port in Istanbul, Trkiye, March 6, 2024. (Photo by Safar Rajabov/Xinhua)ISTANBUL, March 15 (Xinhua) -- Chinese car brands have become key players in Trkiye's automotive market with their competitive prices and long-term dedication to investment, an Istanbul-based industry veteran said recently.Semih Eryukseldi, a professional with over 15 years of experience in Trkiye's automotive sector and currently working for Otobit, an online automobile auction platform, told Xinhua in an interview on Friday that Chinese car brands such as Chery, MG, and BYD have achieved long-term success in Trkiye with continued investment for sustainable growth.Eryukseldi made the remarks in response to a report published on March 4 by Trkiye's Automotive Distributors' and Mobility Association (ODMD), which showed that Chinese car brands made significant sales growth in 2024.According to the ODMD report, Chery sold 57,047 vehicles in Trkiye last year, up by 40.54 percent year-on-year, boosted by its competitively priced Tiggo series that appeal to a wide range of consumers.This photo taken on July 13, 2024 shows cars at a China's automaker Chery sales point in Istanbul, Trkiye. (Xinhua/Liu Lei)Chery quickly gained a strong foothold in the Turkish market and "sold a significant number of vehicles" by offering highly available vehicles "with its price advantage," outpacing other brands struggling with availability, Eryukseldi said.MG, known for its electric and hybrid models, sold 17,162 vehicles in Trkiye in 2024, an 18.70-percent increase compared to the figures in 2023, the report showed."MG made a very quick entry into Trkiye starting in 2021 and quickly reached a wide customer base with various models, including electric, gasoline, and hybrid cars, across different segments," Eryukseldi noted.Electric vehicles of China's MG brand are displayed at an MG sales center in Istanbul, Trkiye, March 4, 2024. (Photo by Safar Rajabov/Xinhua)According to the ODMD report, BYD saw the largest percentage increase in sales last year, up by 892.97 percent from 2023 to reach 8,331 vehicles in 2024.Notably, the brand sold 5,341 vehicles in the first two months of 2025, up by more than 10 times compared to the same period in 2024, showed the report.This surge, driven by BYD's investment commitment in Trkiye, "has boosted BYD's impact in the Turkish market," Eryukseldi said.
Get a daily dose of Hong Kong Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Hong Kong Herald.
More InformationNEW YORK CITY, New York: The U.S. must accelerate its efforts to develop fusion energy or risk losing its edge to China, Virginia Governor...
WASHINGTON, D.C.: In the past 20 years, China has become the world's top shipbuilder, producing more than half of all commercial ships....
BEIJING, China: China has announced new tariffs on Canadian agricultural and food products in retaliation for Canada's recent duties...
BENTONVILLE, Arkansas: Walmart is pressuring some Chinese suppliers to cut prices in response to President Donald Trump's imposed U.S....
An MG 4, a Chinese electric vehicle model, is connected to a charging port in Istanbul, Trkiye, March 6, 2024. (Photo by Safar Rajabov/Xinhua)ISTANBUL,...
William Dandjinou of Canada competes during the men's 1,500m final A at the ISU World Short Track Speed Skating Championships 2025...
SEATTLE, Washington: Boeing saw a significant increase in aircraft deliveries in February, reporting 44 planes delivered compared to...
DALLAS, Texas: Southwest Airlines will start charging passengers for checked bags, ending a long-standing policy that set it apart...
NEW YORK, New York - U.S. stocks rallied hard on Friday, boosted by strong rises around the world. Investors shrugged off a decline...
MILAN, Italy: Maserati has scrapped plans for an electric version of its MC20 sports car, citing low expected demand for the high-performance...
BERLIN, Germany: Volkswagen is set to cut 1,600 jobs at its Cariad software division by the end of the year, affecting nearly 30 percent...
The principal terminal, Terminal 1, at Israel's largest airport will reopen at the end of this month, having largely been closed since...