Turkish vehicle maker Ford Otosan has said it will halt production at its Kocaeli factory between April 20-25 due to low demand.
Go deeper with GlobalData
Ford Otosan said in a statement to the Istanbul Stock Exchange that its 4,505 employees at the plant would not work during this period.
The output suspension was the latest in a series already announced by Turkish vehicle makers, including Ford Otosan.
The Turkish automotove industry is being hit this year by weaker exports to slumped markets in Europe as well as lower demand at home.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
