Approval for Ford and Volkswagen to Make Joint Production in Turkey

Ford Motor Company and Volkswagen AGsigned an agreement to jointly produce various vehicles. Later, this agreement was forwarded to the Competition Board. The agreement, which will be built at the facility in Kocaeli and covers new generation commercial diesel vehicles, rechargeable hybrid electric vehicles and fully electric vehicles in the first phase, has been approved.

Competition Board, US ford German with Motor Company Volkswagen It decided to grant exemption to agreements between AG and AG regarding the development, supply and production of one-tonne commercial vehicles. In the statement of the board, it was stated that such collaborations were approached positively.

Exemption from Ford and Volkswagen’s agreements

The first models to be produced within the scope of the agreement are Ford Otomotiv Sanayi A.Ş. The new generation that will emerge from the facilities Ford Transit Custom And Ford Tourneo custom It will be the vehicles in their family. One-ton medium commercial diesel, rechargeable hybrid electric and full electric versions of these vehicles will be produced. The export market will be targeted with production.

Ford plans to implement this project between 2020-2025. 1 billion 390 million euros will invest and increase its vehicle production capacity to 405 thousand. The company is expected to implement its approximately 11-year production plan.

Here is the Board’s decision

The statement from the board was as follows: