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Tofaş
Sign in to saveTOFAŞ Türk Otomobil Fabrikası A.Ş (acronym for Türk Otomobil Fabrikası Anonim Şirketi; Turkish Automobile Factory Joint-Stock Company pronounced ) is a Turkish automobile manufacturer which was established in 1968 by Vehbi Koç, who founded Koç Holding, based in Bursa, where the manufacturing plant of the company is located. It is jointly owned by Stellantis and Koç Holding (37.8% of the company's shares belong to Stellantis (through Fiat Group Automobiles); 37.8% to Koç Holding; and 24.3% freefloat).
Key facts
- Company.name
- TOFAŞ Türk Otomobil Fabrikası A.Ş
- Company.logo
- TOFAŞ logo (2019-).svg
- Company.logo_size
- 200px
- Company.type
- Public
- Company.area_served
- Europe, Middle East, Central Asia
- Company.key_people
- Cengiz Eroldu (CEO)Fabrizio Renzi (CFO)
- Company.industry
- Automotive
- Company.products
- Automobiles, Commercial Vehicles, Spare Parts, Die Manufacturing, Consumer Financing
- Company.production
- 450,000 units per year
- Company.revenue
- US$4.40 billion (2023)
- Company.operating_income
- US$483 million (2023)
- Company.net_income
- US$520 million (2023)
- Company.assets
- US$2.71 billion (2023)
- Company.equity
- US$1.27 billion (2023) )
- Company.num_employees
- 7,000
- Company.image
- TofasIngresso.jpg
- Company.image_caption
- Front of the Building - Tofas- Bursa, Turkey.
- Company.location
- Istanbul, Turkey; plant Bursa, Turkey
via Wikipedia infobox
Article
9 sectionsContents
- History
- Annual production
- Models and production years
- Current production
- Discontinued
- Logo
- See also
- References
- External links
TOFAŞ Türk Otomobil Fabrikası A.Ş (acronym for Türk Otomobil Fabrikası Anonim Şirketi; Turkish Automobile Factory Joint-Stock Company pronounced ) is a Turkish automobile manufacturer which was established in 1968 by Vehbi Koç, who founded Koç Holding, based in Bursa, where the manufacturing plant of the company is located. It is jointly owned by Stellantis and Koç Holding (37.8% of the company's shares belong to Stellantis (through Fiat Group Automobiles); 37.8% to Koç Holding; and 24.3% freefloat).
Tofaş manufactures both passenger cars and light commercial vehicles. It is one of the biggest automakers in the sector, with its 7,000 employees and 450,000 vehicles annual production capacity. Tofaş manufactures for the Fiat, Citroën, Peugeot, Opel, Vauxhall and RAM brands in Bursa, which has achieved for it the “Gold Level” within the scope of the WCM-World Class Manufacturing Program that is implemented in the 175 plants within the framework of Stellantis.