6/29/2010

Ford signals new investments in Turkey

 

Milliyet - Bill Ford, Executive Chairman of the Ford Motor Company, is currently in Turkey for the 50th anniversary of the Ford-Otosan, a joint venture between Ford and Turkey’s Koc Holding. Ford hinted of new investments in Turkey, saying, “We have solid investment plans for Turkey”, without disclosing further details of the company’s plans.

 

Stating that Ford-Otosan’s importance has increased both in terms of production and as an engineering center, the great-grandson of Henry Ford said they are pleased with their increasing share in Turkey’s passenger car market.

Turkey; automotive industry; automotive investment; Ford-Otosan; Ford Motor Company; Koc Holding; Bill Ford

ENGLISH