Tofaş Türk Otomobil Fabrikası A.Ş. Overview
Pro stress-test →Tofaş Türk Otomobil Fabrikası manufactures, exports, and sells passenger cars and light commercial vehicles in Turkey. The company is a joint venture of Koç Holding and Fiat, now part of the Stellantis group. It offers products under the Peugeout, Citroen, Opel, Fiat, Jeep, Alfa Romeo, DS, Maserati, Ferrari, and Transit brands.
Strategic Profile
Pro stress-test →Tofaş maintains strong domestic market leadership with quarterly sales continuing to increase, and the Turkish market ranks as Stellantis's fourth-largest market in the EU. In Q1 2026 (announced May 5, 2026), Tofaş reported net profit of 2.99 billion TL, exceeding analyst expectations, marking a significant turnaround from prior-year losses.
Competitive Landscape
Pro stress-test →Key automotive competitors in the Turkish market include Ford Otomotiv Sanayi A.S. and Otokar Otomotiv ve Savunma Sanayi A.S. Tofaş holds a commanding position through its multi-brand portfolio, cost competitiveness, and integration within Stellantis's global supply network.
Industry Context
Tofaş Türk Otomobil Fabrikası A.Ş. operates in Automotive Manufacturing.
Key facts
Founded: 1968 · Headquarters: Istanbul, Turkey · Employees: 7,000 · Revenue: 100.5B TRY (Q1 2026); 332.25B TRY (FY2025) · Market cap: 147B TRY (as of June 15, 2026)