Oyak-Renault

Oyak-Renault

Oyak Renault Otomobil Fabrikaları or Oyak-Renault is a Turkish automotive manufacturer located in Bursa. It is co-owned by OYAK (Turkish: Ordu Yardımlaşma Kurumu, English: Army Pension Fund) and Renault. Oyak owns 49% and Renault owns 51% of the company.[3]

Quick Facts Company type, Industry ...

History

Oyak-Renault was established in 1969[4] by Renault, Oyak and Yapi Kredi Bank, starting production two years later.[3][5]

The company originally manufactured various Renault models for the local and international market. Currently, some models are exported up to 100 countries worldwide.[6]

In 2018, the company produced 336,888 automobiles and 602,421 engines. In the same year, it was announced that it exported approximately 80% of its automobile production.[7]

Operations

With an annual production capacity of 286,000 up to 360,000 units, it is the largest Renault factory outside Western Europe.[8] The official car dealer network of Renault in Turkey is another joint venture known as MAİS A.Ş.

In addition to the automotive assembly, the plant operates its own gearbox and engine manufacturing. Currently, they are manufacturing 450 different engines, 450,000 units a year. In the three-shift operation, more than 5,900 workers are employed.

Current models

Former models

See also


References

  1. "Oyak Renault'da yeni genel müdür Ales Bratoz oldu" (in Turkish). Turkiyegazetesi.com.tr. 30 October 2013. Retrieved 8 April 2014.
  2. "2013 Registration Document" (PDF). Renault. pp. 14, 22. Archived (PDF) from the original on 8 April 2014. Retrieved 8 April 2014.
  3. Öznük, Enis (17 March 2010). "Oyak-Renault bans entry of covered women in facility". Todayszaman.com. Archived from the original on 11 April 2013. Retrieved 10 March 2013.
  4. The Report: Turkey 2008. Oxford Business Group. 2008. pp. 138–139. ISBN 9781902339863.
  5. "Oyak Renault". Securities.com. ISI Emerging Markets. Retrieved 12 March 2013.
  6. "Tarihçe". Oyak-Renault Otomobil Fabrikaları. Retrieved 3 August 2009.
  7. "Oyak Renault 2018'de 602 bin 421 motor üretti - Bloomberg HT". 2019-01-24. Archived from the original on 2019-01-24. Retrieved 2023-02-16.
  8. "Homepage". Oyak-Renault Otomobil Fabrikaları. Retrieved 3 August 2009.

Share this article:

This article uses material from the Wikipedia article Oyak-Renault, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.