Recently, Industry and Technology Minister Mustafa Varank, Togg’s first commercial vehicle in the first quarter of 2023 He said it would be on sale. Noting that Togg will have a large share in Turkey’s becoming a global actor in the field of technology, Varank did not mention the price of the domestic car.
Mehmet Ali Akben, Chairman of the Banking Regulation and Supervision Agency (BDDK), also announced an impact of the domestic automobile on the automotive industry in our country. According to the news of Milliyet, Mehmet Ali Akben with the release of the domestic car that they will also make arrangements in automobile loans stated.
Minister Varank announced: When will Togg go on sale?
Industry and Technology Minister Mustafa Varank made a statement regarding the question of when the domestic car Togg will go on sale.
There will be an increase in the amount of automobile loans
BRSA Chairman Mehmet Ali Akben, used in auto loans increasing the amount announced that it was working on Pointing out that the BRSA makes some regulations every year, Akben reminded of the decision to increase the contactless transaction limit on credit cards to 500 TL as of February 1.
Noting that contactless payment entered our lives with the pandemic, Mehmet Ali Akben stated that he was a little hesitant about this issue, but later it was understood that the banking system had a reliable infrastructure. In addition to credit cards, BRSA President Akben that they will also take over the automobile side transferred.
Explaining that “There are figures we will update on the automobile side,” Akben added that they held a meeting with the representatives of the sector last week. Expressing that they are open to encouragement in this regard, Mehmet Ali Akben said, “Let credit be more effective on the side of domestic vehicles, not on the side of imported vehicles.” He conveyed the following information:
As a result, the encouragement of the domestic industry is also important here. At the same time, it is important for imports to shift to the domestic market. Along with the number, there is also the amount, there are slices of 120 thousand, 300 thousand, 750 thousand. Let’s say by updating those slices, the first slice is 120 thousand. They can get 70 percent of 120 thousand loans. We will update them.
Mehmet Ali Akben stated that at this point, they also listened to the demands of the sector representatives. Akben also shared that the evaluations on its effect on the current account deficit and its contribution to imports continue. In addition Discussing with the Central Bank and the Ministry of Treasury and Finance on increasing the number of installments He conveyed the information that they will find the middle way.