Ford is expanding its investments in Turkey, now the brand’s commercial vehicle production hub.
Following a four-year plan that includes a new vehicle plant, capacity upgrades and research & development (R&D) operations in Turkey, the carmaker’s investments for the 2011-2014 period will reach US$1.6bn, far exceeding the planned $1bn, online government publication Invest in Turkey said.
Through its subsidiary Ford Otosan, a joint venture between Ford and the local Koc Holding, the automaker has spent more than $1.2bn in Turkey since 2011. The company will channel $340m into its operations in Turkey this year, taking the total to almost $1.6bn.
Relying on its Turkish unit’s expertise in the manufacturing and engineering of light and heavy commercial vehicles, Ford’s spend covers a new plant, new vehicle additions and R&D facilities. The company’s two Turkish plants exported over 200,000 vehicles in 2013.
Nearing operational status, the third Ford Otosan in Turkey located in Yenikoy, Kocaeli, will begin rolling out the new Tourneo Courier light commercial vehicle by April. Designed and engineered by Ford Otosan in Turkey, the new Courier will reach buyers in more than 110 countries.
The company’s light commercial vehicle plant in Golcuk, also in Kocaeli province, will add a new Transit van to its production line, which currently consists of the Tourneo Custom and Transit Custom, taking the total output to 290,000 vehicles per year.
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By GlobalDataFord Otosan’s plant in Inonu, Eskisehir is undertaking heavy truck manufacturing and engine development for global markets. $100m will be spent in the plant for the development and production of 11- and 13-litre Ecotorq engines, used in Cargo line trucks as well as in various industrial and marine applications. Both the truck and the engine are designed and built by Turkish engineers.
Ford Otosan’s Gebze Engineering Centre has become the third largest of its kind for the global automaker with 1,200 personnel involved in research and development there.