Automotive Sales Could Surpass Record Level in 2023

2024 Automotive Sales and Expectations

The year 2024 stands out as an important year for the automotive sector. According to the statements of AA BYD Türkiye General Manager İsmail Ergun, Sales exempt from SCT ve GSR II regulations Thanks to the campaigns carried out in the first half of the year, it is seen that the sector is positively reflected. Despite the difficulties in accessing credit, we expect 2024 to approach the record levels in 2023.

Predictions for 2025

The predictions for 2025 are shaped by the improvements in loan interest rates and usage percentages. İsmail Ergun said that the first half of the year may be difficult, but the second half will be improvement He also predicted that sales in 2025 could reach 1 million units.

Growth in the Electric Vehicle Market

Electrification is considered the pioneer of the radical transformation of the global automotive industry. According to Ergun, the electric vehicle market has grown 2016-fold from 2023 to 17, a remarkable achievement. This growth is expected to continue in 2024.

Electric Vehicle Market Share in Turkey

The electric vehicle market in Turkey is expected to reach a share of nearly 2023% in 7 and this rate is expected to increase to 2024% by the end of 10. In 2025, with the contribution of other players in the sector, this rate is expected to approach 15%, parallel to Europe. These developments will further solidify Turkey's place in the automotive market.

BYD's Türkiye Goals

BYD sets important targets in the Turkish market. It plans to launch in the third quarter of 2025. sporty SUV model SEALION 7 It aims to expand its product portfolio and make a difference in the Turkish market. This model aims to attract attention with both its design and technology.

The Future of Electric Vehicles

The future of electric vehicles is being shaped by rapidly developing technology and changing consumer demands. Increasing environmental awareness and sustainability goals are paving the way for the widespread use of electric vehicles. İsmail Ergun states that Turkey has great potential in this context and that the sector will become even stronger with the steps it will take in this direction.

Innovations in the Automotive Industry

The automotive sector is faced with more innovations every day. In addition to electric vehicles, autonomous driving technologies and connected vehicle systems are also drawing attention. These technologies both increase the driver experience and ensure safety. Companies in Turkey are increasing their R&D investments to keep up with these innovations.

Changes in Consumer Behavior

Consumer behavior has entered a significant change process in the automotive sector. The young generation is turning to environmentally friendly and innovative vehicles. This also affects the strategies of brands. Automotive manufacturers are expanding their product ranges by focusing on electric and hybrid vehicles to meet these demands.

As a result

In light of all these developments, the years 2024 and 2025 are of critical importance for the automotive sector. The proliferation of electric vehicles will strengthen Turkey's role in the automotive market and increase competition in the sector. BYD's goals and predictions provide important clues about how this process will take shape.

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