Tofaş
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| Type | Joint-stock company |
|---|---|
| Traded as | İMKB: TOASO |
| Industry | Automotive |
| Founded | 1968 |
| Headquarters | Bursa, Turkey |
| Key people | Kamil Başaran (CEO) Cengiz Eroldu (CFO) |
| Products | Cars |
| Revenue |  US$ 3.4 billion (2010) |
| Net income | US$ 209.3 Million (2010) |
| Employees | 8,200 |
| Website | tofas.com.tr |
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).[1]
History
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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.
Products
Current
Tofaş currently produces the following Fiat models:
- Doblò,
- Linea,
- Qubo,
- Fiorino (commercialized by Fiat Professional)
and the following models for other automobile brands:
Defunct
Old models the company has produced in the past:
References
- ^ "Fiat and PSA Citroën reveal new van family". fiat.co.nz. Retrieved 2009-04-18.
External links
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Wikimedia Commons has media related to: Tofas |
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