Reason: Customs duties! Volvo will not sell sedan models in Turkey in the new year.

Reason: Customs duties! Volvo will not sell sedan models in Turkey in the new year.

19.08.2024 12:10

Swedish car company Volvo has announced that it will cease selling sedan model vehicles in Turkey from the new year due to recent customs duties. Alican Emiroğlu, General Manager of Volvo Car Turkey, stated in his statement regarding the matter, "We do not plan to sell a sedan car in Turkey until electric sedan models arrive."

Electric cars imported from China were subject to an additional 40% tax. Later on, the scope of the tax was expanded to include all fuel types, including internal combustion engines. With the regulation that came into effect in July, a total of 50% tax is imposed on each vehicle imported from China, including a 10% customs duty and a 40% additional tax.

"WE WILL CEASE THE SALE OF OUR SEDAN MODELS"

Speaking to Yiğitcan Yıldız from Habertürk, Alican Emiroğlu, the General Manager of Volvo Car Turkey, stated that they will stop selling sedans from 2025 due to the recent customs duties. He said, "Due to the recent customs duties, we will cease the sale of our sedan models. We will stop selling these models produced in China from the new year. We do not plan to sell a sedan car in Turkey until electric sedan models arrive."

Reason: Customs duties! Volvo will not sell sedan models in Turkey in the new year

ALL-TIME RECORD BROKEN IN 2023

Alican Emiroğlu emphasized that Volvo Car Turkey achieved an all-time record by reaching a sales figure of 11,646 units in 2023. He stated, "I had the opportunity to observe Turkey from abroad for the past 6 years, and it was very gratifying to witness the success that Turkey has achieved during this time. I wholeheartedly congratulate my teammates who contributed to this success."

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