In a statement to the Istanbul Stock Exchange, Tofas said another 241 workers had taken voluntary leave. Last month, Tofas announced it would halt production between Dec. 27-Jan. 12.
Other automakers in Turkey have announced similar measures as inventory has risen and both domestic and export markets have turned down.
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Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
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