How much will the price of TOGG be? What does TOGG mean?

Launched as the national car of Turkey, TOGG’s Gemlik facility will be inaugurated on October 29, Republic Day. Noting that its target date in terms of sales is the first quarter of 2023, Industry and Technology Minister Varank said: “The company’s goal for 2023 is to produce 17-18 thousand vehicles and put them on the market. At the moment, trial production is underway. On October 29, we will have held the factory closing ceremony and the start of mass production. These days have been reached by strictly following the calendar announced by the company”. he said he.

HOW MUCH IS THE PRICE OF TOGG?

The Minister of Industry and Technology, Varank, when asked by a journalist, “What will be the price of TOGG cars?”, recalled that domestic car production is carried out by the private sector and announced that the price of TOGG will be the same as that of their peers. .

Varank said: “Here, the company has a pricing policy. They have been saying this from the beginning. “We will reach the market with a class C SUV. Therefore, at the price that gasoline and diesel internal combustion vehicles in the same segment are sold, we will enter the market with that price margin and we will be competitive,” is what They have been saying from the beginning. From the beginning, it aims to sell with the same margin as vehicles in the C-Class SUV segment when it is launched. The company continues to work in this line”. he used the phrase.

PRICES IN THE MARKET FROM 458 thousand TL

The prices in the market for C-class SUV vehicles, as stated by the Minister of Industry and Technology Mustafa Varank, are in a wide price range depending on the make and model of the vehicle. In some brands, gasoline and manual transmission vehicles of the 2022 model with a volume of one thousand cubic centimeters are offered for sale at 458 thousand TL.

On the other hand, the most luxurious brand vehicles can reach up to 10 million TL depending on their engine volume and comfort packages.

As TOGG will be launched, the price of a fully electric SUV is 2.4 million TL, based on the list price of a German luxury car manufacturer.

“WHERE DID THE HIGH PRICE COME FROM WITHOUT ANNOUNCING THE PRICE?”

Regarding the TOGG national car, Rifat Hisarcıklıoğlu said, “We will open the factory together in Gemlik on October 29 with the participation of our president. Good luck to our nation. Charging stations began to be installed everywhere. There will be no problem. It can also be charged at home. It can be charged both at home and on the road,” he said.

When asked about the domestic car price claims, Hisarcıklıoğlu said, “Wait, where did that high price come from before the price was announced?” he replied he.

It was stated that TOGG would enter the 10 percent SCT segment, and its price could be between 900 thousand liras and 1.2 million liras. In the statement issued by TOGG, it was called “Imaginary claims” regarding news such as price lists, pre-order sales campaigns that have emerged in recent days.

WHAT IS THE TOGG OPENING?

TOGG: Turkish Automobile Business Group

WHAT IS TOGG?

TOGG is short for Turkey’s Automobile Enterprise Group Industry and Trade Inc.

The companies and organizations that decided to work together to produce national cars in Turkey were announced in November 2017. To this end, Turkey Car was launched on June 25, 2018 by Anadolu Group (19%), BMC (19%) , Kök Group (19%), Turkcell (19%), Zorlu Holding (19%) and TOBB (5%) Grupo Empresarial Industria y Comercio Inc. was established.

After the capital increase in TOGG, the final shares of Turkcell, Vestel and Anadolu Group in TOGG increased from 19 to 23 percent.

Anadolu Group (23%)
BMC (23%)
Turkcell (23%)
Zorlu Farm (23%)
TOBB (8%)