Otosan
From Ford Wiki
| Types of companies | Public (ISE) |
|---|---|
| Founded | 1959 |
| Headquarters | Kocaeli, Turkey List of Ford factories |
| Key people | Rahmi Koç, President |
| Industry | Automotive |
| Product (business) | light Commercial vehicle, Automobiles |
| Revenue | ▲ Euro 6.4 1,000,000,000 (number) (2007) |
| Employment | 7,927 (2005) |
| Holding company | Koç Holding |
| Website | www.FORD.com.tr |
Otosan (abbreviated from Otomobil Sanayi, Turkish language for automotive industry) is a Turkey Automotive production company, which is a joint venture between Ford Motor Company and Koç Holding. It started production in 1965, with each company holding a 41% share in the venture.
Brief history
- 1928 – Vehbi Koç assigned as Ankara Ford dealer
- 1959 – Otosan founded as Ford assembler in Turkey
- 1966 - Anadol automobile production started.
- 1967 – Production of Transit minibus launched
- 1975 – Transit van and pick-up added to range
- 1977 – License agreement with Ford signed
- 1981 - Anadol automobile production ceased.
- 1982 – İnönü plant launched truck and engines
- 1983 – Ford assumes 11% ownership in Otosan
- 1985 - Ford Taunus production launched
- 1987 – Ford increases ownership to 30%
- 1994 – Ford Escort production launched
- 1997 – Ford assumes 41% equity in "Ford Otosan"
- 2001 – Kocaeli plant launched with Transit production
- 2002 – Transit Connect production launched
- 2003 – New heavy truck (Ford Cargo) introduced in September
- 2004 – Transit export launch (March)
- 2006 – New transit 34X launch (April)
See also
External links
Categories: Automobile manufacturers of Turkey | Motor vehicle manufacturers of Turkey | Ford | Joint ventures | Companies established in 1959
