8/27/2008

Turkey's Tofas aims 350 mln euro 2009 investment

Reuters- Turkish auto maker Tofas aims to make investments of 350 million euros ($520 million) in 2009, the company's CEO Ali Pandir said. He told a news conference that Tofas, a joint venture of Italy's Fiat and Turkish conglomerate Koc Holding, aimed for investments of 332 million euro in 2008, in line with a previous target.