Brief: Ford Otosan Says Ford Motor Company And Volkswagen Ag Agreed On The Joint Production Of The 1-Ton Medium Commercial Vehicle

Ford Otomotiv Sanayi AS

16/03/2021 12:00

March 16 (Reuters) - FORD OTOMOTIV SANAYI AS  FROTO.IS :
    * FORD OTOSAN SAYS TO INVEST EUR 1.39 BILLION OVER THE
COURSE OF
THE NEXT 5 YEARS
    * FORD OTOSAN SAYS FORD MOTOR COMPANY AND VOLKSWAGEN AG
AGREED ON
THE JOINT PRODUCTION OF THE 1-TON MEDIUM COMMERCIAL VEHICLE
    * FORD OTOSAN TO MANUFACTURE DİESEL, PLUG-IN HYBRİD ELECTRİC
, AND
ALL-ELECTRİC VARİANTS OF FORD'S 1-TON MEDİUM COMMERCİAL VEHİCLE,
"NEXT - GENERATİON TRANSIT CUSTOM FAMILY" STARTING GRADUALLY IN
FİRST HALF OF 2023
    * FORD OTOSAN SAYS VOLKSWAGEN AG'S NEXT-GENERATİON 1-TON
COMMERCİAL VEHİCLE WİLL ALSO BE PRODUCED İN KOCAELİ BY FORD
OTOSAN
    * FORD OTOSAN SAYS TO INCREASE THE 1-TON COMMERCIAL VEHICLE
PRODUCTION CAPACITY TO 405,000 UNITS AND PRODUCE WITH AN 11-YEAR
PLANNED LIFE CYCLE

Source text for Eikon:  ID:nIKA8Xl6Q8 
Further company coverage:  FROTO.IS 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))