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Volkswagen Signs Letter of Intent to Assess Car Production in Türkiye

Summary by Daily Sabah
Doğuş Otomotiv said Friday it had signed a letter of intent with Volkswagen to evaluate options for producing the German automaker's passenger cars in Türkiye. The company, which i...

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While the risk of Türkiye being excluded from the market due to the European Union's strict "Made in Europe" plan aimed at protecting the automotive sector is being discussed, a step that will change the balance in the sector has been taken. Doğuş Otomotiv and Volkswagen Group have sat down and signed a letter of intent to produce passenger cars in Türkiye. Here are all the details...

·Istanbul, Türkiye
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Doğuş Otomotiv has signed a letter of intent with Volkswagen Group companies to evaluate options for the production of Volkswagen brand passenger cars in Türkiye. The company announced the development to the Public Disclosure Platform.

·Türkiye
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Doğuş Otomotiv signed a preliminary agreement with the Volkswagen Group, as stated at the Public Information Platform.

In a statement to KAP, Doğuş Otomotiv announced that a letter of intent has been signed to evaluate Volkswagen Turkey production options. 🚆

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bloomberght.com broke the news on Friday, October 30, 2026.
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