Ford Turkey to Raise Truck Exports Sixfold as It Adds New Model
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Ford Otomotiv Sanayi AS, the Turkish van and truck maker co-owned by Ford Motor Co. and Koc Holding AS, plans as much as a sixfold increase in truck exports to 6,000 vehicles by 2016, helped by a new heavy truck it will start selling at the end of this year.
Ford Otosan, as the company is known, will produce 3,000 Cargo 1846T heavy trucks annually starting in 2013 at a plant in Inonu in western Turkey with a $75 million investment, Chief Executive Haydar Yenigun said in Istanbul.