Ford Otomotiv Sanayi A.Ş.(Turkish for 'Ford Automotive Industry'),doing business asFord Otosan,is anautomotivemanufacturing company based inTurkeythat is equally owned byFord Motor CompanyandKoç Holding.[2]The company was established in its current form in 1977, with original relations dating back to 1928.[3]It currently operates in six locations: Gölcük and Yeniköy plants inKocaeli,İnönü plant inEskişehir,Craiova plantinRomania,SancaktepeR&D Center and spare parts warehouse inIstanbul[2]The company employs more than 20,000 people and had a production capacity of over 700,000 vehicles, 400,000 engines, and 140,000 powertrains by 2022.[2]
 | |
| Company type | Anonim Şirket |
|---|---|
| BİST:FROTO | |
| Industry | Automotive |
| Founded | 1959 |
| Headquarters | Gölcük,Kocaeli Province,Turkey |
Area served | Worldwide |
Key people | Rahmi Koç(President) |
| Products | Automobiles,light commercial vehicles,trucks |
Production output |  746,500 vehicles (2023) |
| Revenue | US$14.46 billion (2023)[1] |
| US$1.52 billion (2023) | |
| US$1.70 billion (2023)[1] | |
| Total assets | US$7.53 billion (2023) |
| Total equity | US$2.53 billion (2023) |
| Owners | Ford(41%) Koç Holding(41%) Public float(18%) |
Number of employees | 23.701 (2023)[1] |
| Website | fordotosan.com.tr |
History
edit
The collaboration began in 1928, whenVehbi Koçwas assigned as a Ford dealer inAnkara.[4]The following year, the Turkish national assembly granted Ford the right to install a local assembly plant in a free zone located inTophane,Istanbul's port area. Coinciding withGreat Depressionof 1929, limited numbers ofFord Model AandFord Model Bvehicles were assembled in Tophane Plant of Ford Motor Company Exports Inc. until 1934, when vehicle assembly activities were suspended.[5]
In 1959, the foundation of theOtosan(OtomotivSanayii, Turkish for 'Automotive Industry') factory was held inIstanbul,and in 1960 theFord Consulwas the first model to be produced at the plant, followed by theThamesand theThames Tradervan.[6]In 1965, the D1210 truck was added to production, and in 1966, theAnadol,the first mass-production passenger vehicle developed in Turkey. In 1967, theFord Transitalso began production and in 1973, the Anadol STC-16, the first sports car developed in Turkey.
In 1977, the company signed a license agreement with Ford and the company's name was changed to Ford Otosan. In 1979, a new factory was opened inİnönü, Eskişehir,which began the production of theFord Cargoin 1983.[3]Also that year, Ford increased its share of ownership in the company to 30 percent.[6]In 1985 theFord Taunusbegan production at the Istanbul plant, and in 1986 the official opening ceremony was held for the İnönü engine plant.
In 1992, the newerFord Transitwas put into production, and in 1993 theFord Escortreplaced the Ford Taunus on the production lines.[6]In 1997, Ford further increased its share in the company to 41 percent, becoming equal partner with Koç Holding in the joint venture. In 1998, a new factory inGölcük, Kocaeli,that became operational in 2001, replacing the Istanbul facility was opened. It is aimed mainly at commercial vehicle production, and manufactures theFord Transitand theFord Transit Connect,both models being marketed worldwide. In 2003, the company launched a new generation of the Ford Cargo heavy-duty truck.[7]
In September 2012, Ford revealed its new version of theTransit,[8]and in January 2013, the new Cargo heavy truck was unveiled.[9]The latter was co-developed by Ford Otosan in partnership with Ford Brazil,[10]and will be manufactured in both countries.[9]
In September 2018, at the IAA Commercial Vehicles show in Hannover, Germany, Ford introduced an electric tractor trailer concept vehicle dubbed the F-Vision, which would have Level 4 autonomous driving capability.[11]
In March 2022, Ford Otosan announced that company would acquireFord Romania.[12]Ford Otosan took over the ownership of Ford Romania's Craiova factory from Ford Motor Company on July 1, 2022, for €625 million, plus an additional €140 million to be paid in 2028, depending on the factory'sproduction capacity.[13]
Facilities
editThe Kocaeli Plant, located inGölcük,was opened in 2001, and has been the main global production center for theTransit.[14]It has an annual production capacity of 320,000 vehicles and has its own port.[3]Previously, it also produced the first generation ofTransit Customand first two generations of theTransit Connect.
The Yeniköy plant started production of the Transit/Tourneo Courier in the second quarter of 2014. It is located within the Kocaeli facility, but as a different production plant, with a starting capacity of 110,000 vehicles per year.[15]Ford stopped producing the Courier in Turkey in July 2023 and moved production to Romania in October 2023, launching the new generation. The Yeniköy factory will instead produce the new generation ofTransit Custom.
The Craiova plant was founded in 1976 and producedOltcituntil 1994 andDaewoovehicles until 2008 when it was bought by Ford. Ford Otosan has owned the factory since 2022, and as of 2023, the company produces thePumacrossover andTransit/Tourneo Courier,with electric versions coming in 2024.[13]
TheİnönüPlant, located in Eskişehir, began operating in 1982,[6]and has been the production center of the Cargo heavy truck, as well as for engines and powertrains. It has an annual capacity of 10,000 trucks, 66,000 engines and 45,000 gearboxes.[14]
The Sancaktepe Engineering Center, located in theSancaktepedistrict of Istanbul, was established in 2014, and is responsible for the development of the newest products and technologies. It employs over 1000 product development engineers.[7]
The Kartal Parts Distribution Center, located in theSancaktepedistrict of Istanbul, has been operating since 1998,[7]and it is the marketing centre of the company's marketing, sales, after-sales and spare parts operations.[14]
Products
editCurrent
edit
- Ford Transit(1967–present)
- Ford Cargo/F-Line(1983–present)
- Ford Transit Custom(2012–present)
- Ford F-Max(2018–present)[16][17]
- Ford Puma(2022–present; original production started in 2019)
- Volkswagen Transporter(2024–present)
Historic
edit
- Ford Consul(1960–1961)
- Thames Trader(1961–1965)
- Ford D Series (D-750/D-1210)(1965–1983)
- Anadol(1966–1984)
- AnadolSTC-16 (1973–1975)
- Ford Taunus(1985–1993)
- Otosan P100(1986–1997)
- Ford Escort(1993–1999)
- Ford Transit Connect(2002–2013)
- Ford Transit Courier(2014–2023)
- Ford Ecosport(2022; original production started in 2017)
See also
editReferences
edit- ^abc"Ford Otosan 2022 Annual Report"(PDF).Ford Otosan. p. 4.
- ^abc"About Ford Otosan".Ford Otosan.Retrieved24 October2023.
- ^abc"2009 Annual Report"(PDF).Ford Otosan. 23 July 2010. Archived fromthe original(PDF)on 15 September 2012.
- ^"Ford dünyasının en kalitelisi oldu yeni projeleri almakta zorlanmadı".Milliyet. 22 April 2012.
- ^Odin, L.C.World in Motion 1939 - The whole of the year's automobile production.Belvedere Publishing, 2015. ASIN: B00ZLN91ZG.
- ^abcd"Tarihçe".Ford Otosan.Retrieved16 July2013.
- ^abc"Investor Presentation March 2012"(PDF).Ford Otosan. 26 March 2012. Archived fromthe original(PDF)on 5 September 2012.
- ^"Ford Reveals All-New Global Transit and Transit Connect Commercial Vehicles at 'Go Further' Event".Ford Motor Company. 6 September 2012. Archived fromthe originalon 23 November 2012.
- ^ab"Ford's Turkish designed heavy truck unveiled".Invest in Turkey. 28 January 2013. Archived fromthe originalon 23 November 2018.Retrieved16 July2013.
- ^"Ford to launch Turkish-developed new heavy truck".Invest in Turkey. 6 August 2012. Archived fromthe originalon 4 March 2016.Retrieved16 July2013.
- ^Williams, Evan (2018-09-28)."Ford Turkey Shows Off F-Vision Concept Electric Semi".AutoTrader.ca.
- ^"Ford Otosan Operasyonlarını Yurt Dışına Genişletiyor".Ford Otosan. 14 March 2022.
- ^ab"EY assisted Ford Otosan in the acquisition of Ford Romania SA".ey.com.Retrieved20 July2023.
- ^abc"2010 Annual Report"(PDF).Ford Otosan. 27 July 2011.
- ^"Annual Report 2014"(PDF).Ford Otosan. 7 May 2015. Archived fromthe original(PDF)on 2 July 2015.
- ^Rajamanickam, Vishnu (20 September 2018)."IAA 2018: Ford Trucks unveils F-MAX, the" International Truck of the Year "".FreightWaves.Retrieved3 September2021.
- ^"Ford Launches F-Max Tractor for Global Markets".Heavy Duty Trucking.20 September 2018.Retrieved3 September2021.
External links
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