Domestic car receives key support

ANKARA - Hürriyet Daily News

Anadolu Holding Chairman Özilhan is interested in local car production. AA photo

The idea of building a domestic Turkish automobile is feasible, Anadolu Holding Executive Board President Tuncay Özilhan said yesterday to the Anatolian news agency, adding that his holding could be interested in participating in the car’s production.

Özilhan said the production of a domestic automobile would require not only entrepreneurial efforts, but also government backing and incentive schemes.

“At first production would face challenges, but would become possible over time, he said.

Government support key to making domestic car
“If we get government support, we can produce not only one brand of domestic automobile, but quite a few because Turkey has the necessary infrastructure when it comes to both production and marketing,” said Özilhan, noting that it was key for the private sector and government to join forces.

Anadolu Holding is the Turkey distributor for automotive labels, such as Isuzu, Kia, Lada and Geely.
“As a group we do not produce automobiles, but since we have been in the automotive sector for many years, we know the ins and outs of the sector very well. This is why we are on board with the domestic automobile initiative,” said Özilhan.