Integrated Report 2022
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About Tofaş

Founded in 1968, Tofaş is Turkey’s leading automotives manufacturer. A joint venture of Koç Holding and Stellantis in which each controls an equal stake, 24.3% of the company’s shares are publicly traded on the İstanbul stock exchange (Borsa İstanbul). Tofaş’s shares are quoted in the BIST 30 index as well as in the same exchange’s BIST Corporate Governance Index and BIST Sustainability Index. Tofaş regularly submits climate and water responses to the Carbon Disclosure Project.

Tofaş’s production capacity, export performance, R&D competencies, and workforce of nearly six thousand people make it one of Turkey’s leading industrial concerns. Headquartered in İstanbul, Tofaş’s production operations are carried out in Bursa at a plant with 411,193 m² of enclosed space situated on nearly 1 million m² of grounds.

As one of Stellantis’s important manufacturing and R&D centers, Tofaş creates added value for Turkey’s economy, industry, and R&D know-how. Today, with its knowledge and competencies to develop complete vehicles from scratch, Tofaş R&D Center, takes part in the product development processes of different models within Stellantis, in addition to the models produced at the Tofaş Factory.

Tofaş’s plant produces Fiat Fiorinos as well as the Fiat Egea family’s sedan, hatchback, station wagon. cross and cross wagon models. Tofaş exports more than half of the vehicles it produces to different countries in the world. Committed to being a leading player in all segments of its home market in line with customer expectations, Tofaş offers a broad portfolio of brands and products that include six brands (Fiat, Fiat Professional, Alfa Romeo, Jeep®, Maserati, Ferrari) for which it is the Turkish representative.