Tofas

Fiat's Turkey JV to start production of new model in 2015

Oct. 27, 2013 06:01 CET
Fiat's Turkish joint venture plans to start manufacturing a new passenger car in the second half of 2015. Istanbul-based Tofas also will invest $520 million to more than double production to 580,000 vehicles by 2023, exporting a third of the total.... Read More »

 

Turkish auto market seen as flat in 2013

Aug. 30, 2013 09:21 CET
Turkish auto sales will reach about 820,000 vehicles in 2013, almost unchanged from last year, said Kamil Basaran, CEO of Tofas, Fiat's joint-venture in the country.... Read More »

 

Fiat's Turkish unit raises market forecast

June 24, 2013 10:18 CET
Tofas, a venture between Fiat and a Turkish partner, raised its forecast for growth in the country's car and van market this year as lower interest rates fuel purchases.... Read More »

 

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