May 27, 2012
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FAW enters Turkey’s auto market
9 July 2010 / TODAY’S ZAMAN, İSTANBUL
China’s motor vehicle manufacturer FAW introduced four of their light commercial vehicle models to Turkish customers in İstanbul on Thursday, marking their entry into the country’s automotive market. FAW is entering the Turkish market in cooperation with Turkish auto distributor Komsan Otomotiv.
Speaking to reporters in İstanbul, Komsan CEO Süheyl Baybalı said they expected to reach a 50 percent share in the Turkish light commercial vehicle market. FAW International Sales and Marketing Manager Qingxi Zhao said the company expected to branch out into the European market via Turkey. “We have faith that our success in the Turkish market will pave the way for new investments in the EU.”
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