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TOFAS A.S.

Turkish automotive company Tofas, whose foundations were laid by the founder of the Koc Holding Vehbi Koc in 1968, and which has equal shareholders as Koc Holding and Fiat S.p.A., is one of the three world-wide strategic manufacturing centers. The only automotive company in Turkey that manufactures both passenger car and light commercial vehicle, Tofas comes to the fore as the biggest manufacturer of the Turkish automotive industry today with its production capacity of 400.000 units per year. Within the scope of Minicargo project, Tofas is manufacturing for Fiat, Citroen and Peugeot besides manufacturing for Opel and Vauxhall within the scope of New Fiat Doblo project. Tofas is a global player that has been manufacturing for 5 brands in its factory in Bursa which has a privileged position in the highest rank by achieving “Silver” production level within 170 Fiat Group factory of the World Class Manufacturing. As the pioneer of the Turkish automotive industry, Tofas is a company that creates 25.9% of the total sector production by itself. Tofas exports 80 countries by the year of 2011 and its share received from the total automotive industry export is at the level of 22.8% with 180.698 units. While Tofas receives 15% share from the national automotive market through the brands in its constitution, Turkey stands in the position of the third biggest market of the world after Brazil and Italy. Showing a successful performance in the national automotive market by now with 5 brands, Fiat, Alfa Romeo, Lancia, Maserati and Ferrari; Tofas proceeds on its way in 2012 with 6 brands by including Jeep in its constitution.

(Extracted from www.tofas.com, approved by Ísmail Durgun on 2013-01-29)