Otosan

Otosan
Otosan
Type Joint-stock company (ISE)
Industry Automotive
Founded 1959
Headquarters İzmit, Turkey
List of Ford factories
Key people Rahmi Koç, President
Products light commercial vehicles, Automobiles
Revenue increase 6.4 billion (2007)
Employees 7,949 (30 June 2010)
Parent Koç Holding
Website fordotosan.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.

History

  • 1928Vehbi Koç assigned as Ankara Ford dealer
  • 1959Otosan founded as Ford assembler in Turkey
  • 1966 - Anadol automobile production started.
  • 1967Production of Transit minibus launched
  • 1975Transit van and pick-up added to range
  • 1977License agreement with Ford signed
  • 1981 - Anadol automobile production ceased.
  • 1982İnönü plant launched truck and engines
  • 1983Ford assumes 11% ownership in Otosan
  • 1985 - Ford Taunus production launched
  • 1987Ford increases ownership to 30%
  • 1994Ford Escort production launched
  • 1997Ford assumes 41% equity in "Ford Otosan"
  • 2001Kocaeli plant launched with Transit production
  • 2002Transit Connect production launched
  • 2003New heavy truck (Ford Cargo) introduced in September
  • 2004Transit export launch (March)
  • 2006New Transit 34X launch (April)

External links



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