Anadolu Isuzu plans to double SamAuto's revenue.

Anadolu Isuzu Sets Growth Targets with SamAuto

Anadolu Isuzu (ASUZU) announced that it has acquired a 75.2% stake in the Uzbekistan-based automotive manufacturer SamAuto, aiming to double the company's revenue within the next five years. Anadolu Isuzu General Manager Tuğrul Arıkan stated that he expects the legal process of this strategic acquisition to be completed within 1-2 months.

Growth Strategy with New Products and Investments

Arıkan emphasized that they will make new product plans and significant investments to achieve SamAuto's revenue target. He mentioned that they aim to expand particularly in the light and heavy commercial vehicle segments, saying, “During this process, we will bring innovative products that we can benefit from SamAuto.”

Developments in the Electric Vehicle Sector

Anadolu Isuzu also expressed that they continue their work on electric vehicles. Arıkan pointed out that the intercity bus development projects have started to yield positive results, stating that the improvements made in public transportation have created an impact in the market. He also conveyed that efforts to address issues such as range and load pressure in the truck segment will continue.

Anadolu Isuzu's strategies will not only contribute to SamAuto's growth but will also provide significant momentum in the company's overall business area. This development process is one that investors should closely monitor.