Posted by meb at June 24th, 2008

Volkswagen, the world’s fifth-largest automotive producer, may invest more than 1 billion euros within the next few years to start production in Turkey, said the chairman of Doğuş Otomotiv, VW’s distributor in Turkey.

Volkswagen will come to Turkey sooner or later, said Aclan Acar, who met with various newspapers’ economy desk chiefs last Friday just before the opening of the Doğuş Meiller Damper Factory. Doğuş Holding Chairman Ferit Şahenk was also present at the event to comment further on the group’s investment plans. (more…)