Ford Otomotiv Sanayi A.Ş. (Turkish for 'Ford Automotive Industry'), doing business as Ford Otosan, is an automotive manufacturing company based in Turkey that is equally owned by Ford Motor Company and Koç Holding. The company was established in its current form in 1977, with original relations dating back to 1928. It currently operates in six locations: Gölcük and Yeniköy plants in Kocaeli, İnönü plant in Eskişehir, Craiova plant in Romania, Sancaktepe R&D Center and spare parts warehouse in Istanbul. The company employs more than 20,000 people and had a production capacity of over 934,500 vehicles, 430,000 engines, and 112,000 powertrains by 2024.
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👉 Ford Otosan in the context of Ford Romania
Ford Otosan Romania SRL, commonly referred to as Ford Romania, is an automobile manufacturing company operated by Ford Otosan, located in Craiova, Romania. The company was established in 2008 after Ford's purchase of Daewoo Automobile Romania. In 2022, the Ford Romania company was purchased by Ford Otosan and changed its name to Ford Otosan Romania SRL.
The first Ford subsidiary company in Romania was founded in Bucharest in 1931 and functioned until 1948 when it was nationalized by the Communist authorities. In the 1930s the factory owned by Ford Româna could manufacture 600–700 vehicles per year and was one of six Ford facilities with both assembly and production lines.
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Ford Otosan in the context of Automotive industry in Turkey
The automotive industry in Turkey plays an important role in the manufacturing sector of the Turkish economy. The companies operating in the Turkish automotive sector are mainly located in the Marmara region, especially Bursa.
In 2023, Turkey produced 1,486,393 motor vehicles, ranking as the 13th largest producer in the world (production peaked at 1,695,731 motor vehicles in 2017, when Turkey also ranked 13th). Turkish automotive companies like TEMSA, Otokar and BMC are among the world's largest van, bus and truck manufacturers. Togg, or Turkey's Automobile Joint Venture Group Inc. is the first all-electric vehicle company of Turkey. With a cluster of car-makers and parts suppliers, the Turkish automotive sector has become an integral part of the global network of production bases, exporting more than $35 billion worth of motor vehicles and components. In 2017, nearly 85% of exports went to Europe. Global car manufacturers with production plants include Tofaş, Oyak-Renault, Hyundai Assan Otomotiv, Toyota Motor Manufacturing Turkey, Ford Otosan.