Otosan

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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; currently Ford and Koç each hold a 41% share in the venture.

[edit] 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)

[edit] External links


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