Tofaş, one of Turkey’s leading automotive companies, published its 2023 activity report. The report stated that it achieved successful financial and operational results and highlighted the company’s investments in areas such as R&D, digital transformation, mobility services and employee competency development. Here are the details…
Tofaş published its 2023 activity report
It is stated that in 2023, Tofaş will celebrate its 55th anniversary, produce its 7 millionth vehicle, realize 16 percent of our country’s automotive production, and carry its sector leadership with the Fiat brand to the 5th year. Additionally, the strategic cooperation with Stellantis is mentioned and it is noted that this cooperation is an indicator of the two groups’ trust in Turkey.
The report emphasizes that Tofaş focuses on creating economic value, supporting social development and improving environmental, social and managerial performance within the scope of sustainable development goals. It is shared that Tofaş maintains its market leadership with the Egea model and started its electrification journey with electric vehicles such as the Fiat 500e.
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In Cengiz Eroldu’s statements, it is stated that Tofaş attaches great importance to R&D and technological capabilities and is an important player in the automotive industry with its work in this field. It is also stated that the focus is on energy efficiency and renewable energy projects, with a target of 50 percent carbon reduction by 2030.
Tofaş continues to lead the change and transformation in the automotive industry with its strategies focused on digital transformation, innovation and sustainability. The company is expected to maintain its position as one of the leading players in the Turkish automotive industry in the future and continue to direct innovations in the sector.