Ford breaks ground for new factory in Turkey

Posted on 31 March 2012

Istanbul, 20 March 2012 – As part of its 1 billion USD investment, Ford Otosan broke ground on its third automotive manufacturing factory at Yenikoy in North West Turkey. Once the factory is completed in 2013 it will be home to a new light commercial vehicle. At the ground breaking ceremony, Rahmi Koc, the Honorary Chairman of Koc Holding,  JV partner of Ford Otosan,  said “Ford’s Connect model LCV, also known as the “Transit from Golcuk”, is doing taxi service in cities like New York, Boston, Chicago, Las Vegas, Los Angeles, Orlando and San Francisco”. Ford Otosan is a JV company between Koc and Ford Motor Company and the factory is expected to manufacture 110,000 vehicles per year from 2013. Source: Invest in Turkey

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