| Depends! Might work for some countries (like banana republic) but I do not think it would be valid case for Turkey. It is not about assembling/disassembling or where the factory is. Toyota, Renault, Honda, Isuzu, Hundai, Ford already producing (yes factories planted) in Turkey but consumers pay custom tax. They can drop "income tax" for TOGG manufacturer, while others pay income tax. Like, Amazon, Google does not pay their taxes fully while many others pay. We are not talking about VAT or custom, it is income tax that government takes some percentage from the profit of the TOGG. Then, TOGG can sell their cars cheaper even though there is Tax and VAT. If they really want to make price advantage for TOGG, they will find a way to achieve their goal. |
Because car industries are expecting a downturn in the coming years, this would be a strong indicator to international manufacturers for deciding where to cut production.