Tofaş

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Tofaş Türk Otomobil Fabrikası A.Ş
Type Joint-stock company
Traded as BİST: TOASO
Industry Automotive
Founded 1968
Headquarters Bursa, Turkey
Key people Kamil Başaran (CEO)
Cengiz Eroldu (CFO)
Products Automobiles, Commercial Vehicles
Revenue Increase US$ 3.4 billion (2010)
Net income Increase 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

Tofaş Factory
The first Murat 131 built by Tofaş.
The first Fiat Linea was designed and produced in the Tofaş Fiat factory in Bursa, which remains the model's primary production plant for the EU market.

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:

and the following models for other automobile brands:

Defunct

Old models the company has produced in the past:

See also

References

  1. "Fiat and PSA Citroën reveal new van family". fiat.co.nz. Retrieved 2009-04-18. 

External links

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