Otokar (OTKAR) Signed an Agreement with Yapı Kredi Leasing for Atlas Truck

Automotive and defense industry manufacturer Otokar (OTKAR), traded on Borsa Istanbul, announced a new business agreement. The company made an agreement with Yapı Kredi Leasing for the truck model Atlas. With this collaboration, Otokar will offer its customers attractive vehicle financing opportunities for Atlas truck purchases.

Within the scope of the agreement, customers will be able to purchase Atlas model trucks with a maturity option of up to 36 months. Transactions Tax (BMSV), which is normally 5%, will be applied as 0%. The company also stated that it will not charge customers additional expenses such as loan allocation fees or filing fees.

Otokar customers will also be able to benefit from 100 percent financing opportunities through Yapı Kredi Leasing, if their credit scores are suitable. The partnership wants to create special communication channels for customers who want to access financing.

OTKAR Share Price

The shares of our country’s leading automotive and defense industry manufacturer, traded on Borsa Istanbul, are facing a sale today. OTKAR price has decreased by 4.83% since the beginning of the week.

OTKAR, which is currently traded at 351.7 TL, may face more pressure if it loses the 340-330 region.

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