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 |
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.[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 in Kocaeli, İnönü plant in Eskişehir, Craiova plant in Romania, Sancaktepe R&D Center and spare parts warehouse in Istanbul[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]