PM Erdoğan asks Ford to expand Turkey output

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PM Erdoğan asks Ford to expand Turkey output

Holding a meeting with Alan Mullaly, the chief executive of Ford Motors, Turkey’s Prime Minister Recep Tayyip Erdoğan asks from the automotive giant to invest more in its Turkey production. Erdoğan has expressed his wish for Ford to produce passenger vehicles, as well as commercial vehicles, in Turkey, according to Industry Minister Nihat Ergün
 
Turkish Prime Minister Recep Tayyip Erdoğan has called on U.S. carmaker Ford Motors to produce passenger cars, in addition to commercial vehicles, in the plants it co-owns in Turkey.
 
Erdoğan held a meeting with Alan Mullaly, the chief executive officer of Ford, in Germany on Feb. 28. The honorary Chairman of Koç Holding, Rahmi Koç, and Ali Koç also attended the meeting. Koç is Ford’s partner in the joint venture Ford Otosan.
 
Speaking to press members at the machine fair, Samoter, in Italy’s Verona city, Turkish Industry Minister Nihat Ergün gave information related to PM Erdoğan’s meeting with the Ford CEO.
 
Erdoğan told Mullaly that Ford should shift at least one passenger car production to its Turkish facility in Gölcük, a district of Kocaeli, according to Minister Ergün. “Ford should not consider Turkey only as the production center of the Transit Connect commercial vehicle,” Erdoğan told the Ford CEO, according to Ergün.
 
Ford is set to make $650 million additional investment in its Gölcük facility and establish an engine facility worth $350 million, Ergün also said. “Ford is active in commercial vehicles in the Turkish market. We wanted them to design a new model in passenger cars.”
 
A total of 510,000 vehicles are sold in the domestic market annually, but only 150,000 of this figure is produced in Turkey, Ergün said, adding that some 360,000 vehicles are imported. “This situation is not satisfying for Turkish consumers,” he said. “We want Ford to invest in Turkey in the passenger car area. Ford should produce one of its brands in Turkey. If we predict that the Turkish automobile market would reach 1 million units per year, the company that invests in Turkey will be grabbing a serious opportunity.”
 
Fiat also focuses on commercial vehicles
 
Italian carmaker Fiat has only focused on producing one of its commercial vehicle models, the Doblo, in Turkey, according to Ergün. “Fiat produces commercial vehicles in Turkey. But it has many passenger car models. We want them to produce some of its passenger cars in Turkey and sell them to the world from here,” said the minister.
 
“On the one hand, we offer to create a domestic brand in automotive production and on the other hand, we want foreign capital to strengthen its investments in Turkey with new model productions,” Ergün added. 
 
Commenting on the controversy around the rate private consumption tax to be imposed on electric cars, Ergün said French carmaker Renault’s Fluence model to be produced in its Turkey facility is equal to 1,600 cc in engine power, which normally has a 37 percent tax rate. “But we will implement only 3 percent tax on this model, to show our support for this new technology. The automotive sector is also content from this situation,” he said. 
 
Some companies such as Ammann, Tesmec and Iveco also decided to invest in Turkey during the machine fair held in Verona. Leading asphalt mixing plant manufacturer Ammann Group announced in its website that it will establish a joint company with Teknomak, along with its president Saruhan Sarıoğlu, to strengthen its position in the Turkish market.

Referral : http://www.hurriyetdailynews.com/default.aspx?pageid=438&n=pm-erdogan-asks-ford-to-expand-turkey-output-2011-03-04

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