It is stated in the report that in 2023, Tofaş celebrated its 55th anniversary and produced its 7 millionth vehicle, accounting for 16% of the country’s automotive production, and maintained its industry leadership with the Fiat brand for the 5th year. Additionally, it is noted that the strategic collaboration with Stellantis is an indicator of the confidence of the two groups in Turkey.
Tofaş released its 2023 activity report
The report emphasizes Tofaş’s focus on creating economic value, supporting social development, and improving environmental, social, and governance performance within the scope of sustainable development goals. It is shared that Tofaş continues to maintain its market leadership with the Egea model and has embarked on the electrification journey with electric vehicles such as the Fiat 500e.
According to Cengiz Eroldu’s statements, it is indicated that Tofaş attaches great importance to R&D and technological capabilities, making it an important player in the automotive sector. Additionally, it is expressed that there is a focus on energy efficiency and renewable energy projects with the goal of 50% carbon reduction by 2030.
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Tofaş continues to lead the automotive sector’s transformation and innovation with its digital transformation, innovation, and sustainability-focused strategies. It is expected that the company will maintain its position as one of the leading players in the Turkish automotive industry and continue to shape industry innovations in the future.
