|Traded as||İMKB: TOASO|
|Key people||Kamil Başaran (CEO)
Cengiz Eroldu (CFO)
|Revenue||US$ 3.4 billion (2010)|
|Net income||US$ 209.3 Million (2010)|
Tofaş (acronym for Türk Otomobil Fabrikası Anonim Şirketi; pronounced [tofaʃ]) is a Turkish automaker based in Bursa, Turkey, where the production plant of the company is located. It was established in 1968 and builds Fiat models under license, together with some locally-designed vehicles (mainly used as taxicabs). Tofaş is jointly owned by Fiat and Koç Holding (37.8% of the company's shares belong to Fiat Group Automobiles; 37.8% to Koç Holding; and 24.3% to others).
The first Tofaş model was a Fiat 124, produced under licence from Fiat and locally named Murat 124 (with a later version named as Serçe). Subsequently, this model was replaced by a long production run of cars based on the Fiat 131: the Murat 131 series, including the Doğan (sedan), Şahin (sedan) and Kartal (station-wagon). Tofaş models are also produced under license in Egypt by the state owned Nasr car company. Tofaş still maintains a close relationship with Fiat, producing its models both for the domestic market and for other countries.
Tofaş currently produces the following Fiat models:
and the following models for other automobile brands:
Old models the company has produced in the past:
- "Fiat and PSA Citroën reveal new van family". fiat.co.nz. Retrieved 2009-04-18.
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