Tofaş
Company type | Anonim Şirket |
---|---|
BİST: TOASO | |
Industry | Automotive |
Founded | 1968 |
Headquarters | Istanbul, Turkey; plant Bursa, Turkey |
Area served | Europe, Middle East, Central Asia |
Key people | Cengiz Eroldu (CEO) Fabrizio Renzi (CFO) |
Products | Automobiles, Commercial Vehicles, Spare Parts, Die Manufacturing, Consumer Financing |
Production output | 450,000 units per year |
Revenue | EUR 4.430 billion (2023) |
Owner |
|
Number of employees | 7,000 |
Website | tofas.com.tr |
Tofaş (acronym for Türk Otomobil Fabrikası Anonim Şirketi; Turkish Automobile Factory Joint-Stock Company pronounced [tofaʃ]) is a Turkish automobile manufacturer which was established in 1968 by Vehbi Koç, who founded Koç Holding, based in Bursa, where the manufacturing plant of the company is located. It is jointly owned by Stellantis and Koç Holding (37.8% of the company's shares belong to Stellantis (through Fiat Group Automobiles); 37.8% to Koç Holding; and 24.3% freefloat).[1]
Tofaş manufactures both passenger cars and light commercial vehicles. It is one of the biggest automakers in the sector, with its 7,000 employees and 450,000 vehicles annual production capacity. Tofaş manufactures for the Fiat, Citroën, Peugeot, Opel, Vauxhall and RAM brands in Bursa, which has achieved for it the “Gold Level” within the scope of the WCM-World Class Manufacturing Program that is implemented in the 175 plants within the framework of Stellantis.[2]
Tofaş plays a leading role in Turkish automotive sector; it conducts sales and after sales operations for the Fiat, Alfa Romeo, Lancia, Jeep, Ferrari, and Maserati brands in Turkey.[3]
Tofaş exported 160,000 units to 80 countries in 2013. It also recorded 7 billion TL net sales income and 434 million TL net profit. Fulfilling 22% of the total production in Turkey with its 240,000 units in the previous year, Tofaş achieved 1.6 billion euro export income by increasing its export volume by 4%.[4]
History
[edit]- 1968 — Tofaş is founded.
- 1969 — the foundation of the company’s production plant is laid in Bursa.
- 1971 — the first Tofaş model is announced to be the Fiat 124 produced under license from Fiat and locally named Murat 124 (with a later version named as Serçe). The first motorsports team is also established.
- 1973 — OPAR is founded, a product line which focuses on the sale of spare parts for many vehicles.
- 1974 — Tofaş Sport Club is established.
- 1975 — by commencing export to Egypt, Tofaş starts exporting their vehicles to the first market outside of Turkey.
- 1976 — the Murat 131 model starts production.
- 1981 — production of the Kartal and Doğan models commences.
- 1990 — the Tempra enters production.
- 1994 — the Tofaş Uno enters production.
- 1994 — Tofaş R&D is established.
- 1995 — exports of the Tempra model was started.
- 1997 — Tofaş and OPAR were united.
- 1999 — The Marea and Brava enter production.
- 2000 — the Doblò enters production.
- 2000 — the Tofaş Basketball Volunteer Project is established.
- 2001 — the Tofaş production plant and Tofaş Oto Ticaret (translating to 'Tofaş Car Trade) were united into one company.
- 2001 — Tofaş negotiates a deal with Alfa Romeo, with Alfa now producing cars in the Tofaş factory.
- 2002 — the Albea enters production.
- 2003 — Tofaş Museum of Cars in Anatolia (Tofaş Anadolu Arabaları Müzesi) opens its doors.
- 2005 — Tofaş becomes the official distributor of Ferrari and Maserati vehicles in Turkey and Fer Mas (acronym for Ferrari and Maserati) is founded for this purpose.
- 2006 — exports of the Palio and Albea to Russia commence.
- 2007 — official distribution rights for Lancia were attained.
- 2007 — the Minicargo project was completed and launched as the Fiat Fiorino. The vehicle was also sold to PSA as Peugeot Bipper and Citroën Nemo, marking the first time in Tofaş history that the rights to one of their cars is sold.
- 2009 — the Albea Sole enters production.
- 2009 — Tofaş S.K. win promotion to the Turkish Basketball Super League
- 2012 — Jeep joins forces with Tofaş in Turkey, as a result of the merger between Fiat and Chrysler
- 2012 — Tofaş has now produced 4 million vehicles since its inception
- 2013 — Opar and Magneti Marelli join forces for the sale of automobile parts in Turkey
- 2013 — the production plant in Bursa achieves the WCM “Gold Level”.
- 2014 — the new 'Tofaş Academy' building is opened.
- 2014 — Tofaş Science High School is established.
- 2023 — it is announced that commercial activities for all Stellantis brands are to be consolidated under Tofaş.[5]
Annual production
[edit]- 1972–20,000 units
- 1984–35,000 units
- 1990–100,000 units
- 1993–250,000 units
- 2007–360,000 units
- 2008–400,000 units
Models and production years
[edit]- 1971 - Murat 124
- 1976 - Murat 131
- 1981 - 131 Kartal and 131 Doğan
- 1983 - 124 Serçe and 131 Kartal (new body)
- 1988 - 131 Şahin, Doğan and Kartal (new body)
- 1990 - Fiat Tempra
- 1993 - Tipo & Tempra SW
- 1994 - Fiat Uno
- 1998 - Fiat Palio, Palio weekend and Siena
- 1999 - Fiat Marea & Fiat Brava
- 2000 - Fiat Doblò
- 2002 - Fiat Albea
- 2005 - Fiat Linea
- 2007 - Mini Cargo (Fiat Fiorino - Peugeot Bipper - Citroën Nemo)
- 2010 - New Fiat Doblò
- 2012 - New Fiat Linea
- 2015 - New Fiat Tipo/Egea
Current production
[edit]Tofaş currently produces the following models for Stellantis:
- Fiat Tipo (2015)
- Citroën Jumpy/Dispatch/SpaceTourer
- Fiat Scudo/Ulysse
- Peugeot Expert/Traveller
- Opel/Vauxhall Vivaro/Zafira
- Toyota ProAce (Verso)
Discontinued
[edit]Old models the company has produced in the past include:
- Fiat 124, as the Tofaş Murat 124 and later Tofaş Serçe
- Fiat 131, as the Tofaş Murat 131, Şahin, Doğan, or Kartal
- Tipo
- Tempra
- Uno
- Brava
- Linea
- Marea
- Palio
- Siena
- Albea
- Qubo
- Citroën Nemo
- Peugeot Bipper
- Opel Combo
- Fiat Doblò
- Ram ProMaster City
- Fiat Fiorino
Logo
[edit]- Tofas (1968-2008)
- Tofas (2008–present)
See also
[edit]References
[edit]- ^ a b "Fiat and PSA Citroën reveal new van family". fiat.co.nz. Archived from the original on 2008-10-15. Retrieved 2009-04-18.
- ^ "Tofaş Bursa Plant, WCM-World Class Manufacturing Programme team as a result of inspections carried out"Gold Factory"raised". habermonitor.com. Retrieved 2013-11-17.
- ^ "About Tofas". koc.com.tr. Retrieved 2014-05-09.
- ^ "Tofaş Annual Report 2013" (PDF). tofas.com.tr. Archived from the original (PDF) on 2014-05-13. Retrieved 2014-05-09.
- ^ "Stellantis and Koç Holding Strengthen Tofaş and Enhance Partnership in Türkiye | Stellantis". www.stellantis.com. Retrieved 2023-04-05.