Otosan

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Otosan
TypePublic (ISE)
Founded1959
HeadquartersKocaeli, Turkey
List of Ford factories
Key peopleRahmi Koç, President
IndustryAutomotive
Productslight commercial vehicles, Automobiles
Revenue € 6.4 billion (2007)
Employees7,927 (2005)
ParentKoç Holding
Websitewww.FORD.com.tr

Otosan (abbreviated from Otomobil Sanayi, Turkish for automotive industry) is a Turkish 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