Companies / Turkey
If you would like to subscribe to Middle East & Africa Automotives Insight and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Middle East & Africa Automotives Insight please click on the trial link below.
Fiat And Tofas Sign Van Deal
June 2007 | FDI AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
If you would like to subscribe to Middle East & Africa Automotives Insight and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Middle East & Africa Automotives Insight please click on the trial link below.
Italian carmaker Fiat has reached an agreement with its Turkish partner Tofas to produce a replacement for the Fiat Doblo van in Bursa, Turkey. The US$500mn project will involve research and development and production costs for the new light commercial model, which will go on sale in H209. The partners intend to produce 120,000 units per year, of which around 70% will be exported, supporting BMI's view that Turkish commercial vehicle production will surpass 600,000 units by 2011 on the back of strong export