Ford Otosan Expands CV Production Capacity at Gölcük Manufacturing Plant with $52M Investment
Ford on Tuesday announced that its joint venture with Koç Holding in Turkey, Ford Otosan, will be investing $52 million USD toward the expansion of its Gölcük manufacturing facility in Turkey’s Kocaeli. The investment is expected to increase the plant’s output of Transit, Transit Custom, and Tourneo Custom vehicles by 12%, or approximately 40,000 units per year. This would cap Gölcük’s production output at 330,000 vehicles a year.
“Ford is setting the pace in the European commercial vehicle market, with the larger Transit models generating record levels of sales,” said Linda Cash, vice president manufacturing, Ford of Europe. “This strategic investment by Ford Otosan will enable us to keep pace with customer demand—particularly as innovations like the Transit Custom Plug-in Hybrid come on stream in 2019 and beyond.”
Awards for Ford: Ford trucks take home three Gold Hitch Awards
Ford says that the added capacity is expected to kick in by September 2018. The expansion is an effort to meet rising demand for the Transit, Transit Custom, and Tourneo Custom, the three of which have been key to Ford’s ascent to the position of Europe’s top commercial brand.
Through July, Ford’s commercial vehicle sales are up 9% from 2016, and market share has grown to 13.3%.
“This major investment reinforces the position of the Kocaeli plant as a key manufacturing hub for commercial vehicles for Ford in Europe,” said Haydar Yenigun, general manager, Ford Otosan. “With our continuing focus on quality and efficiency, we remain ideally placed to support Ford’s commercial vehicle business as it goes from strength to strength.”
Ford will begin production of a new Transit Custom in late 2017, with deliveries expected to begin by early 2018. A PHEV version of the Transit Custom is planned to hit the market by 2019.
Ford Continues to Innovate: Partnership with Argo AI paves path toward future self-driving cars