YENIKOY, Turkey—For Motor Co.’s Turkish joint venture has officially launched vehicle production at its latest facility in that country—a US$511-million plant not far from Istanbul.
Ford Otosan, the Turkish-based joint venture between Ford Motor Company and Koç Holding, launched production of the Ford Transit Courier compact commercial van and Tourneo Courier wagon at all-new vehicle production facility in Yenikoy, Turkey, next to the existing Kocaeli vehicle assembly plant.
The 753,000-sq.ft. plant is the joint venture’s third facility in Turkey since establishing Otosan in 1959.
“Ford Otosan is one of the longest-lasting and most successful joint ventures in the global auto industry and today marks another great milestone in this partnership,” Ford executive chairman Bill Ford said in a statement.
“This new plant is a testament to the drive and commitment of the men and women of Ford Otosan, and our success will continue to grow as we move forward together.”
The plant has a production capacity of 110,000 vehicles annually.