800 Million Euro Investment from Ford and Volkswagen to Turkey

US automotive giant ford with German automotive giant VolkswagenIt has been talked about for a while that it will produce a joint vehicle, and new statements reveal that it is clear where this vehicle will be produced.

According to the statement made by Kocaeli Chamber of Industry President Ayhan Zeytinoğlu, Ford and Volkswagen will open the production facility for the commercial vehicles they will jointly develop and produce. Will install in Kocaeli. In fact, according to Zeytinoğlu's statements, work on this issue has already started.

Ford and Volkswagen will build a giant 110-acre facility in Kolaeli

“Türkiye was the address of the giant investment of approximately 800 million euros. A giant facility will be established on 110 decares of land. Ground survey work has started at the factory. "Soil improvements and bored piles have started to be driven in the parking area between the pier and the factory." Zeytinoğlu stated that the work stopped during the COVID-19 period, but gained momentum again after the normalization process.

Stating that the facility in question is of great importance in terms of both employment and investment, Zeytinoğlu continued his words as follows: “The agreement made between two giant companies will be one of the most serious investments in Turkey and will contribute 20 percent to employment. “It is a great investment for both Kocaeli and Türkiye.”

“The total production capacity of the current Ford factory will increase from 350 thousand vehicles to 750 thousand vehicles annually.”

Stating that the possible Ford-Volkswagen joint production facility will be one of the most serious investments in Turkey, Zeytinoğlu said: "As far as we have heard, an agreement was reached on the condition that a second product of another brand would be produced in an automotive factory in our region. In this context, By expanding the existing factory"The production of vehicles belonging to other automotive brands will be carried out." he said.

According to the information provided, Ford's existing production facility in Yeniköy will be expanded and have a new facility of 110 acres. In addition, the current annual production capacity of 320 thousand vehicles is expected to reach 750 thousand with common platform commercial vehicles. Turkish Metal Union Gölcük Branch President Mehmet Şener, while talking about the contribution of the facility in question to employment, said: “With the establishment of new facilities in the Ford factory, where 8,500 people currently work, additional Between 2,000-2,500 jobs are provided.”he said.

There was no official statement from either Ford or Volkswagen.

Volkswagen and Ford to jointly develop commercial vehicles, electric cars and autonomous technologies January 2019He made an agreement in . Rumors at that time were that the two brands would develop common platform commercial vehicles He claimed that it would be produced in Turkey.

Neither Ford nor Volkswagen has any information about the production location of their common platform commercial vehicles. has not shared an official statement. However, these common platform commercial vehicles are expected to come off the line in 2022, which means that companies can make official statements for the production facility in question soon.