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ford otomotiv sanayi as (FO9N) Details

Ford Otomotiv Sanayi A.S. manufactures, assembles, and sells motor vehicles in Turkey. Its products include light commercial vehicles; transit vehicles, such as minibuses, pick-ups, and vans; and cargo trucks and engines. The company also imports and sells passenger cars; and manufactures, imports, and sells spare parts. Ford Otomotiv Sanayi A.S. was founded in 1959 and is based in Istanbul, Turkey.

9,444 Employees
Last Reported Date: 03/18/14
Founded in 1959

ford otomotiv sanayi as (FO9N) Top Compensated Officers

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ford otomotiv sanayi as (FO9N) Key Developments

Ford Otomotive Sanayi, Ford, and Jiangling Motors Corp Receive Approval to Build Commercial Vehicles in China

Ford Otomotive Sanayi (Ford Otosan), Ford, and Jiangling Motors Corp. (JMC) have been approved by the Chinese authorities to build commercial vehicles (CVs) in China. The agreement signed between the automaker's Chinese joint venture (JV) JMC, JMC Heavy Duty Vehicle Company, and Ford's Turkish affiliate Ford Otosan will allow JMC-branded vehicles to use the design, manufacture, and service of the chassis, cab, and components of Ford-branded heavy trucks, the report states.

Ford Otosan Signs Deal with Avtotor for Production of Trucks and Cabs in Russia

Ford Otosan has signed an contract with Avtotor to manufacture trucks and truck cabs in Russia. Production was due to start in December 2014.

Ford Otomotiv Sanayi Reports Earnings Results for the Nine Months Ended September 2014; Provides Production and Capital Expenditures Guidance for the Year 2014

Ford Otomotiv Sanayi reported earnings results for the nine months ended September 2014. For the period, the company's net profit declined 8.0% to TRY 516 million. Operating profit decreased 27% to TRY 495 million and earnings before interest, taxes, depreciation and amortization (EBITDA) went down 9.0% to TRY 632 million in the period under review. Capital expenditures dropped 30% year-on-year to TRY 948 million in the period through September. The company anticipates full-year of 2014, production volume of 243,000, and capital expenditures of $340 million.


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Price/Earnings 18.2x
Price/Sales 1.0x
Price/Book 3.9x
Price/Cash Flow 18.2x
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