With incentives, electric cars to draw new investments
by
Mar 07, 2011 - 12:00 am GMT+3
by Mar 07, 2011 12:00 am
Sharing his assessment of Turkey’s future with electric cars, Renault Mais General Manager İbrahim Aybar, expressed that the government’s ruling to drop the Special Consumption Tax or ÖTV will positively effect a number of brands considering investments in this area.
Aybar also expressed that new demand for investments may arise soon. Noting that this is directly related to the current atmosphere in Turkey and citizen's current buying mode, Aybar states that the continuing of these conditions are dependent on trust in the market, the continuing balance of macro economics and stability.
Aybar shares that they did not face difficulties last year, however this year 850-900 thousand vehicles are expected to test the market, and therefore 2011 may experience a market at the very least, similar to last year.
Drawing attention to the fact that there are a number of problems in the surrounding geography, Aybar states that Turkey's maintenance of a strong macroeconomic balance has resulted in driving expectations to a positive end. 'TURKEY WILL BECOME A BASE' İbrahim Aybar went on to comment of the recent ruling by the government regarding VAT taxes on electric vehicles. "Our government has put forth their support with the dropping of VAT taxes.. The government announced that vehicles under 85 kilowatts of engine strength will only be charged three percent VAT, We truly respect this decision."
Keep up to date with what’s happening in Turkey,
it’s region and the world.
You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.