08
Aug
14:57
Ford Otosan to increase capacity on export demand
Turkey-based carmaker Ford Otosan says it has decided to raise its annual production capacity in order to meet increasing demand in export markets.
The company will pour $52 million into raising the production capacity of its plant in Golcuk to 330,000 vehicles/year from 290,000 units at present. The investment is slated for completion in September 2018, Ford Otosan says in a bourse filing seen by Kallanish.
When finalised, Ford Otosan's total annual…
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