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Not us, but Volkswagen lost with this decision. This was stated by the Turkish Minister of Industry and Technology, Mustafa Varank, after it became clear that the automobile giant has refused to build a plant in Turkey.
According to Ankara, Volkswagen’s decision to withdraw its investments from the country was politically motivated and not, as Germany alleges, that the refusal was due to the coronavirus pandemic.
The company said it was abandoning plans for a new plant in Turkey in response to declining demand for new vehicles during the pandemic. According to experts, the value of the new factory in Turkey would amount to 1.3 billion euros.
Before the closure of the Turkish division, Volkswagen announced in mid-November that it planned to invest € 1 billion in its Slovak plant, including € 500 million to produce next-generation Passat and Skoda Superb models. When it became clear that Volkswagen planned to build a plant in Turkey, political calls immediately came in to halt the project. At that time, the Turkish armed forces launched a military operation in Syria. The Turkish government has been accused of human rights abuses and aggressive military action.
Turkey
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