Tofaş bought the Turkish rights of Stellantis for 400 million dollars. The new agreement means that all Stellantis brands will be distributed by Tofaş.
Koç Holding announced today that it has signed an important agreement with Stellantis, which was established by the merger of FCA and PSA companies. According to this Tofas, Stellantis acquired the entire Turkish distribution company, Stellantis Otomotiv Pazarlama A.Ş.
The price of the agreement, which allows Tofaş to buy all the rights of Stellantis group in Turkey and to bring its commercial activities under its own roof, 400 million euros is is stated.
All Stellantis brands offered for distribution in Turkey will be distributed by Tofaş
The new agreement, offered for distribution in Turkey All Stellantis brands such as Alfa Romeo, Fiat, Citroen, DS Automobiles, Jeep, Maserati, Opel and Peugeot will be distributed by Tofaş. means.
In addition, it was reported that Stellantis will allocate the production of the new “K0”, both medium-size light commercial vehicle and passenger car versions, planned for five brands, to Tofaş. Tofaş’s production from 2025 Added to start.
Journalist Emre Özpeynirci that you convey According to Tofaş, it will produce new generation medium segment light commercial vehicles for 5 brands. These are the new generation Doblo, Rifter, Combo, Berlingo stated that it might.
Tipo/Egea production extended to the end of 2025, Doblo production will continue until July 2023
In addition, in the announcement regarding the agreement, Tofaş produced the Tipo/Egea model for sale and export in Turkey. extended until the end of 2025.if the current Doblo production in July 2023 It was stated that it is planned to continue until the production of the “K0” model is started. If you remember, it was announced last year that Doblo production would be moved to Spain.
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Fiorino production will end at the end of 2024
According to the sharing of journalist Emre Özpeynirci, there has been an important development in the subject of Fiorino produced by Tofaş in our country. Accordingly, the production of the Fiorino model, At the end of 2024 it will end.
With this agreement, Koç Holding’s total share in automotive will increase significantly.
According to Emre Özpeynirci, with the incorporation of brands such as Peugeot, Opel, Citroen and DS into Tofaş, the company’s market share is 19.15 percent. to 31.92% will come out. When Ford is included, Koç Holding’s share in automobiles to 41.81% will rise.