How many MG models were sold in Turkey in 2024? Here is the answer

Stating that they have achieved a rapid growth trend in recent years, Doğan Trend Automotive CEO Kağan Dağtekin said in his evaluation: “It has been a year in which we had difficulties in the management of stocks due to increasing costs and regulatory changes in the high interest and inflation environment. Even though we fell significantly behind our financial targets, we managed to maintain our business volume and improve our services to our customers with our expanding dealership network. In 2024, we will introduce 26 thousand automobiles + light commercial vehicles, more than 16 thousand motorcycles and 1800 marine engines to our customers, 23 thousand of which are new and 3 thousand of which are used, and reach a total sales of 45 thousand units, surpassing our record in the previous year, albeit with a small difference. “We have refreshed it,” he said. About the MG brand, which has an important place in their portfolio, he said: “We have introduced 35 thousand MGs to our customers in the past 3 years. We continue to develop our electric vehicle expertise with our widespread sales service organization across the country. “As of today, we provide service to 7 thousand electric vehicle customers with our certified electric vehicle technicians,” he said.

Referring to his work on the production side, Dağtekin said, “We are nearing the end of our motorcycle production project with our KYMCO brand, which we announced in 2023, and we carried out our first trial production in December in our İzmir Kemalpaşa facility. By switching to mass production in a short time, we, as Doğan Trend Group, will have taken an important step in our vision of gaining production capability and creating value for our country. In addition, we have been working with SAIC Motor on its Türkiye factory for over a year in our automotive production project, which is of great importance for both our country and our company. We have come a long way, and we continue our work with determination. We aim to take our project to the next stage by going to Shanghai on January 10, upon the invitation of SAIC senior management. “At this stage, we are carrying out the process meticulously and determinedly with the support and guidance of our Ministry,” he said.

Emphasizing that the automotive market, which broke a record in 2024, is moving at a strong pace due to the combination of many dynamics in an unpredictable way, Kağan Dağtekin said, “2024 renewed the record by exceeding 1.2 million units, including light commercial vehicles, 980 thousand of which are automobiles. The share of 100% electric vehicles (BEV) approached 10%, and plug-in hybrids (PHEV) approached 5%. The year 2025 will be an important turning point for BEV+PHEV. We expect the share of BEVs to exceed 15 percent as new products enter the market, and PHEVs to reach 10% with a serious breakthrough. Like this; “When the rate of electric vehicles exceeds 25%, our country’s determination in electric vehicle transformation will become clearer,” he said.

Doğan Trend Otomotiv managed to reach the planned figures in terms of business volume; It broke its own record with sales of 23,300 units in total in 2024 with the MG, Suzuki and Maxus brands in the automotive group. As Motorcycle Group; It crossed a new threshold with its sales success exceeding 16 thousand units in total with its motorcycle brands consisting of Vespa, Aprilia, KYMCO, Moto Guzzi, Piaggio, Suzuki and Silence. The company broke the all-time record in marine engines and completed the year 2024 with sales of 1,800 units. Doğan Trend Automotive sold 3 thousand second-hand cars and motorcycles last year.

A business volume of 1 billion dollars was reached and motorcycle trial production started in Izmir!

Stating that they have achieved a rapid growth trend with the MG brand in recent years, Kağan Dağtekin, CEO of Doğan Trend Automotive, “Past 35 thousand MG in 3 years We brought it together with our customers. We continue to develop our electric vehicle expertise with our widespread sales service organization across the country. As of today, we have provided service to 7 thousand electric vehicle customers with all our certified electric vehicle technicians. We completed the year 2024 in a stable manner, thanks to the contributions of all our stakeholders and the determination of our teams. In 2024, we reached a total sales figure of 45 thousand units with a business volume parallel to the previous year and we achieved approximately With a turnover approaching 1 billion dollars We continued to maintain our position in our industry. These results are a reflection of the trust placed in us, the support of our business partners and the loyalty of our customers. We see this success as a product not only of our own efforts, but also of the synergy we created together. “I would like to take this opportunity to thank all our employees and business partners wholeheartedly,” he said.

Emphasizing that they have left behind another important threshold for motorcycle production in Turkey, Kağan Dağtekin continued: “Our investment in motorcycle production with our KYMCO brand is nearing its end. We have fortunately started trial production in our factory in Kemalpaşa, Izmir, as of December 24, 2024. In a short time, our work for mass production will be completed and we will put our name among the domestic manufacturers. We are aware that we need to invest in a production facility in order to maintain this growth rate, in line with the measures and guidance taken by our state recently. It also has the MG brand under its umbrella. SAIC Motor expects global sales of 4.6 million units by 2024 was achieved and completed with great success. Group companies sold a total of 1.2 million new energy vehicles (NEV), achieving a growth of nearly 10 percent compared to the previous year. Despite the difficulties in the EU markets, SAIC Motor’s MG brand has made a breakthrough in the hybrid electric vehicle (HEV) segment in Europe and achieved growth with a sales performance exceeding 240 thousand units. We have been working determinedly together with our business partner SAIC on the Türkiye factory for the last year. We have come a long way in this process. While our work continues with determination, we aim to take this important project to the next stage by going to Shanghai on January 10, upon the invitation of SAIC senior management. “At this stage, we are carrying out the process meticulously with the support and guidance of our Ministry.”

The year 2025 will bring greater opportunities!

Regarding MG’s factory investment with its business partner in Egypt who also evaluated Doğan Trend Automotive CEO Kağan Dağtekin“With the Egypt project, which has been working on for about 2 years and has an annual production capacity of 50 thousand vehicles, SAIC Motor targets the Egyptian domestic market and some African and Middle Eastern countries. The corn factory is not an alternative or rival to the Turkish project. Therefore, this project has no relation with our investment. Our possible rivals may be countries in Europe and Morocco. “We continue our work with determination,” he said. Emphasizing that the Turkish automotive market will reach a high level in 2024 with the combination of many dynamics in an unpredictable manner, Kağan Dağtekin“In the first quarter; Intensive SCT-exempt sales and pre-election activity pushed demand up. Stock clearing campaigns before the GSR2 transition process, which were implemented differently than expected in the second quarter, provided serious activity in the market. Starting from the summer months, with the decrease in sales in Europe and the directing of excess production to Turkey, the campaign caused a busy period with serious price pressure. In addition to all this, increased competition with the entry of new players into the market offered attractive discounts and affordable financing campaigns to consumers. As a result, despite credit restrictions, consumers turned to purchases by taking advantage of the continuous campaigns throughout the year. We expect the total automotive market to be between 800 thousand and 1 million units in 2025, and the motorcycle market to be between 800-900 thousand units. “Our priority in the new year will be to start motorcycle production and strive to bring our automotive production project to a positive conclusion, while maintaining our position in the market,” he said.