Tofaş extends Egea production until 2026.

Important Agreement Between Tofaş and Stellantis

Tofaş has signed an agreement with Stellantis Europe S.P.A. to extend the production duration of the Tipo/Egea model until June 30, 2026. This development was announced via the Public Disclosure Platform (KAP).

Changes to the Production Agreement

The announcement stated that changes were made to the production agreement of the Tipo/Egea model produced in the factory located in Bursa. It was also noted that negotiations have started to export the K0 model to the North American market with a special situation announcement dated November 2, 2024.

Investment for the North American Market

Within the scope of these production plans, it was mentioned that the total production target is approximately 1 million, with 230 thousand units expected to be exported to North America. It was emphasized that the total investment amount for the K0 model has been revised to 386 million Euros to enable production suitable for the North American market.