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SWM Motor is establishing a production facility in Turkey! The goal is to produce 50 thousand vehicles per year.

SWM Motor is establishing a production facility in Turkey! The goal is to produce 50 thousand vehicles per year.

08.07.2024 09:50

Chinese company SWM Motor, a subsidiary of Shineray Group, has completed its applications to start production in Turkey. Anton Chernov, the CEO of ATMO Group, the Turkish representative of the company, said, "We are working on a facility with an annual production capacity of over 50,000 vehicles."

Italian SWM Motor, operating under the leading Chinese automotive manufacturer Shineray Group, has completed its applications to produce in Turkey without disrupting its current HTML.

AGGRESSIVE GROWTH TAKEN TO A NEW LEVEL

According to the statement made by ATMO Group, the representative of the company in Turkey, SWM Motor has identified the Turkish market, which it entered at the end of 2023, as one of the centers of its global growth strategy. In this context, the company has applied to produce in Turkey. With its production initiative, ATMO Group has taken its aggressive growth to a new level.

EXPANDING THEIR PRODUCT RANGE EVERY DAY

SWM Motor recently entered the Turkish market with the G01, G01F, G03F, and electric light commercial X30L EV models. SWM Motor Turkey expanded its product range with the new D-SUV model named G05 as of June.

SWM Motor completes applications for production in Turkey! The target is 50 thousand vehicles per year

"WE WILL PRODUCE MORE THAN 50 THOUSAND VEHICLES PER YEAR"

In the statement, Anton Chernov, the CEO of ATMO Group, who expressed his views on the subject, stated that there is intense interest in the brand in Turkey and used the following statements; "As ATMO Group, we are interested in investing in Turkey and developing more projects. Our number of employees in Turkey has doubled compared to last year. Our income is increasing every year, and we have a long-term plan for development. We are currently working on a production facility with an annual production capacity of more than 50 thousand vehicles. The production facility will meet the needs of the Turkish market and also focus on exports to other markets in the Balkan countries and the EU region. We started negotiations with the Ministry of Industry and Technology months ago for production in Turkey. In addition, our negotiations with the Ministry of Trade and the Presidency Investment Office are ongoing. We are actively in communication with strong local partners for our new projects. However, the final decision on the investment project will depend on the support measures provided by the government."

THEY WILL ALSO PRODUCE COMMERCIAL VEHICLES

Chernov stated that they plan to produce a range of commercial vehicles as well as modern hybrid and electric vehicles in Turkey and stated, "We are actively working to clarify all the details, and we hope for the support and active assistance of the government in this regard."

SWM Motor completes applications for production in Turkey! The target is 50 thousand vehicles per year

"TURKEY HAS HIGH POTENTIAL IN TERMS OF BUSINESS DEVELOPMENT"

Burak Azmanoğlu, the Commercial Director of SWM Turkey, emphasized the intense interest in the brand in Turkey and shared the following information; "With the recent changes in the legal regulations, we have started to review our current business model, including local production options. Turkey is a region with high potential for long-term business development. We have established a professional and strong dealer network, and new partners continue to join. We support our customers with our expanding dealer network in after-sales services and spare parts supply. Our first batch of vehicles has arrived on the roads throughout Turkey. The feedback from the first customers has been very positive, and we have done a lot for the brand's image in Turkey. Our goal is to continue offering high-quality SUV models to Turkish customers at affordable prices and continue to invest in the development of our operations in Turkey until we reach the desired position."



 
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