Winds of Change in the Global Automotive Industry
In recent years, the global automotive industry has been going through many significant transformation processes. The most obvious reason for these changes is, electric vehicle revolution ve supply chain transformation. Especially ChinaThe rise of the sector is facing traditional automotive manufacturers with various challenges. While increasing competition is forcing European-based manufacturers to develop new strategies, it is causing some brands to decide to withdraw from the market.
The Rise of Chinese Manufacturers
Chinese automotive manufacturers are disrupting the business model of traditional manufacturers, making a huge impact not only in their own domestic market but also in European and other global markets. The most affected by this process are European suppliers, who have been leading the automotive sub-industry for years. The high competitiveness provided by China is causing many European manufacturers to think deeply.
German Manufacturers' Relationship with the Turkish Market
China's rapid rise in the automotive sector is causing a contraction in the European automotive market. In this context, German automotive supply industry giant Linde + Wiemann has decided to leave the Turkish market. Last month, Linde + Wiemann, one of Germany’s largest automotive subcontractors, decided to end its partnership in Turkey. World NewspaperAccording to the news in , the main reason behind this decision is the financial difficulties of global brands.
Farhym and German Investments
Farhym, which came to Turkey in 2003 and established a production facility, was previously on the agenda for the sale of Hymer. However, this process was not completed. Bülent Akgöl, who served as CEO of Farhym Automotive, “Unfortunately, the changing market conditions in recent years, the contraction experienced all over the world and especially in the automotive sector, were an important factor in the German investor company taking this decision.” He made evaluations as follows.
Production Facilities and Product Range
Farhym belongs to Hymer-Leichtmetallbau, one of Germany's major automotive companies. It entered the sales process with Makel Yalıtım in 2021. The company produces air ducts, luggage systems, interior lighting, interior lining and other interior trim applications, especially for the travel and public transport bus industry. Farhym's main facility is a 10-square-meter factory located next to the MAN Bus Production Center in Ankara. There is also a 1500-square-meter facility in Adana. From these facilities, MAN supplies products to world-famous brands such as Temsa, Isuzu, Karsan, BMC, Hyundai.
Number of Employees and Turnover Status
Farhym’s owner, Hymer-Leichtmetallbau GmbH & Co, was founded in Baden-Württenberg in 1962 by Erwin Hymer. Hymer, who founded the sales company Eriba together with designer and aircraft pioneer Erich Bachem in 1957, currently has 3 employees and a turnover of around 1 billion euros. Specialising in light metal and aluminium processing, the company is a recognised leader worldwide, particularly in the field of ladder and scaffolding solutions.
History of Linde + Wiemann
The German Linde + Wiemann, which ended its partnership in Turkey, was founded in 1939, days before World War II. The company, located in Dillenburg, Germany, produces in countries such as Spain, the Czech Republic, Hungary, China and South Africa, in addition to Germany and Turkey. This wide production network increases Linde + Wiemann's influence in the global market and strengthens its competitive power.
As a result
This transformation in the global automotive sector deeply affects not only major automotive brands but also sub-industry manufacturers. The rise of China in particular is causing European-based automotive manufacturers to reconsider their strategies. In the long term, it is eagerly awaited how these changes will be reflected in the sector.
