Date response for base update; “Immediate action must be taken”

A decision was made to increase the VAT rate on


Orhan Ülgür, Chairman of the 2Plan Executive Board, emphasized that the official step for the assessment update should be taken as soon as possible.

The expectation of SCT reduction, which the automobile market in Turkey has been in for a long time, has been launched as an expectation that will not be realized with a statement made recently through official channels. Instead, it draws attention to the sharing of the information that preparations are made for the regulation of the tax base, which will have the characteristic of stretching in the tax brackets. With the regulation announced by the Ministry that it will be implemented on December 1, 2022, we may see price reductions of up to 100 thousand TL in some models. In this context, vehicles in the price/performance segment, which are within the 60 percent segment, are also in question to decline to 45 percent. The process, in which it became clear that new base segments will not be created, has almost locked the market until 1 December. While users are waiting for both new and second-hand vehicle purchases, 2Plan Orhan Ülgür, Chairman of the Executive Board, made a remarkable call regarding the process.

YOU MAY BE INTERESTED

“Base update will be damaging if not done immediately”

Emphasizing that after the official announcement of the decision to take the update step, the sales process stopped completely; “Giving the 1st December date for the SCT base update made it impossible for the used car market to move until that date, as our dealers informed us. Necessary steps need to be taken as quickly as possible in order to resolve this extraordinary state of stagnation. If possible, a step should be taken today or tomorrow. Otherwise, waiting will harm every segment, from the consumer to the industry.” he stated.

YOU MAY BE INTERESTED

Statement spread in OYDER

Automotive Authorized Dealers Association (OYDER) also issued a statement after the meeting held with the TR Ministry of Treasury and Finance on 19 November 2022. After the meeting held to evaluate the latest developments in the sector and to address the problems experienced, OYDER President Dr. Altug Ercis; “As OYDER’s Board of Directors, we visited the Ministry of Treasury and Finance of the Republic of Turkey to discuss the problems related to the sector, as in every possible opportunity. In this meeting, we had the opportunity to convey the problems related to the sector. First of all, we conveyed our request that the base update, which has not been made since January, should be carried out as soon as possible. We also conveyed the difficulties faced by consumers in accessing credit in automobile purchases to Minister Nureddin Nebati and shared our sectoral problems.

YOU MAY BE INTERESTED

They stated that they know that the base update has become a necessity, that a study is being carried out on this issue and that the issue will be concluded as soon as possible. In addition, they stated that they will continue to work on other problems and take steps to relieve the sector. We would like to thank our Minister for evaluating our problems positively, taking a close interest in our sector and making efforts to find urgent solutions to our problems.” made a statement.

Related video

Production process at the Togg factory

lgct-tech-game