Ford Otomotiv Sanayi A.S.
66.55
TRY
-0.30
(-0.45%)
ISIN
TRAOTOSN91H6
Return %
Stock
S&P 500
1Y
-31.88
14.20
3Y
-20.49
81.12
5Y
255.88
68.34
Capital Structure
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in mil. unless spec.Growth Rates
TRY
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Company Description
- CEO
- Güven Özyurt
- Full Time Employees
- 25,002
- Sector
- Consumer durables
- Industry
- Motor vehicles
- Address
- Akpinar Mahallesi Istanbul IB Turkey 34885
- IPO Date
- Jan 13, 1986
- Website
- fordotosan.com.tr
- Similar Companies
- Business
- Ford Otomotiv Sanayi A.S. (Ford Otosan) manufactures and exports commercial vehicles, engines, and powertrains as a joint venture between Ford Motor Company and Koç Holding, each holding 41% ownership with 18% publicly traded; the company, founded in 1959 and headquartered in Istanbul, Turkey, operates plants in Kocaeli (Gölcük and Yeniköy), Eskişehir, and Sancaktepe in Turkey, plus the Craiova plant in Romania. It produces Ford Transit, Transit Custom, Tourneo Custom, and Courier light commercial vehicles; Ford Trucks heavy commercial vehicles including tractors, road trucks, and construction series; Duratorq, Ecoblue, and Ecotorq diesel engines; and 1.0 EcoBoost engines, Puma passenger cars, and EcoSport models; the Eskişehir plant uniquely manufactures vehicles, engines, and powertrains in one facility, while Kocaeli plants serve as Europe's largest commercial vehicle base with a total capacity exceeding 934,500 vehicles, 430,000 engines, and 112,000 powertrains annually. Ford Otosan imports and sells passenger cars and spare parts in Turkey, manages after-sales services through authorized dealers, and exports to over 90 countries across five continents, leading Turkey's automotive exports for 14 years and overall goods exports for 10 years with engineering from its Sancaktepe R&D center, Turkey's largest automotive R&D facility. Recent developments include the 2022 acquisition of Ford Romania (Craiova plant) for EUR 625 million plus EUR 140 million conditional, enabling production of next-generation Courier (with full-electric versions from 2024), Puma (adding all-electric in 2024), and expanding total capacity beyond 900,000 vehicles; the Yeniköy plant's EUR 2 billion redesign as a "factory of the future" inaugurated in 2023 for next-generation Transit Custom (2024 International Van of the Year winner, with plug-in hybrid and all-electric E-Custom by 2024) under Ford-Volkswagen alliance; launch of F-LINE truck series and plans for E-Truck electric heavy vehicle in 2025 plus hydrogen engine projects; and production capacity growth to 746,500 units in 2023 with record 589,758 vehicles produced.
Company News
Ford Otomotiv Sanayi A.S. (FOVSY) Q2 2026 Earnings Call Transcript
Ford Otomotiv Sanayi A.S. (FOVSY) Q1 2026 Earnings Call Transcript