Toyota Motor Manufacturing Turkey in the context of "Adapazarı"

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⭐ Core Definition: Toyota Motor Manufacturing Turkey

Toyota Motor Manufacturing Türkiye (TMMT) is one of Toyota's vehicle production bases in Europe. It is located in Adapazarı, Sakarya, Turkey, and has been manufacturing the Corolla (since 1994), the Corolla Verso, the Verso (2009–2018), the Auris (2007–2012), and the Toyota C-HR (2016–present). A majority of the production is exported to over 30 countries, most of which are in Europe.

TMMT, owned by Toyota Motor Europe NV/SA (90%), and Mitsui & Co., Ltd. (10%), has a total investment of €212 billion, and currently employs around 5,400 people.

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Toyota Motor Manufacturing Turkey in the context of Automotive industry in Turkey

The automotive industry in Turkey plays an important role in the manufacturing sector of the Turkish economy. The companies operating in the Turkish automotive sector are mainly located in the Marmara region, especially Bursa.

In 2023, Turkey produced 1,486,393 motor vehicles, ranking as the 13th largest producer in the world (production peaked at 1,695,731 motor vehicles in 2017, when Turkey also ranked 13th). Turkish automotive companies like TEMSA, Otokar and BMC are among the world's largest van, bus and truck manufacturers. Togg, or Turkey's Automobile Joint Venture Group Inc. is the first all-electric vehicle company of Turkey. With a cluster of car-makers and parts suppliers, the Turkish automotive sector has become an integral part of the global network of production bases, exporting more than $35 billion worth of motor vehicles and components. In 2017, nearly 85% of exports went to Europe. Global car manufacturers with production plants include Tofaş, Oyak-Renault, Hyundai Assan Otomotiv, Toyota Motor Manufacturing Turkey, Ford Otosan.

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