Motor and bike lovers meet in Istanbul fair

ISTANBUL - Hürriyet Daily News

Around 80,000 visitors attended Euroasia Moto Bike held in Istanbul. AA photo

The Eurasia Moto Bike Expo, an exhibition of motorcycles, bicycles and accessories, organized for the 5th time in Istanbul, has hosted 80,000 visitors in four days.

Thousands of motorcycle fans and professionals visited the show in Istanbul’s Exhibition Center, where companies presented their products, formed business connections and received orders. Some 148 companies attended the fair, which took place between the dates of Feb. 28 and March 3. Many visitors from Balkan and Gulf countries attended the fair.

Geneva auto show

European automotive players are aiming to revive their declining sector with a display of the newest models at the Geneva Auto Show amid a bid by Turkey to attract investments through a incentive system.

The Geneva Auto Show is one of the five largest fairs in the world and is also one of the oldest, this year marking its 83rd appearance.

This year’s show has a crucial significance for the Turkish government as well as the automotive sector, as it provides an opportunity to test-drive the new investment scheme in Turkey after recently introducing government incentives.

Turkish Economy Minister Zafer Çağlayan will be in Geneva today to hold face-to-face talks with executives of German giant car manufacturer Volkswagen, in a bid to persuade the company to establish a production facility in Turkey.

The minister said Volkswagen was not investing in Turkey, despite its cars being the top sellers, and is calling on the company to consider the possibilities offered by the country.

Volkswagen is evaluating possible opportunities in Turkey but there is currently no regulation or agreement on the issue, a company spokesperson said.