Accomplished with an investment total of USD 1.5 billion

Turkish-Italian JV Tofas, established by Turkey’s Koc Group and Italian Fiat, has rolled off the first Egea sedan from its production line at the plant located in Bursa, Turkey with a ceremony attended by Koc Group Chairman Mustafa Koc and Fiat Chrysler Automobiles CEO Sergio Marchionne.

Accomplished with an investment total of USD 1.5 billion, the Egea platform will give the Italian car producer a competitive edge over rivals in the crowded European market. First unveiled as a sedan at the Istanbul Auto Show 2015, the Egea will later be built as a station wagon and hatchback at the Bursa plant and will be exported to more than 40 countries. Over the next seven years, Fiat plans to build 1.2 million vehicles using the Aegea platform.

The R&D department of Tofas was heavily involved in the design and engineering of the Egea platform, the name for which is derived from the Aegean Sea.

Known for its high-quality and cost-effective production operations, the Tofas Bursa plant is one of Fiat’s key production centers, currently manufacturing Minicargo-based commercial vehicles and the Egea sedan.

Home to manufacturing plants of global brands such as Fiat, Ford, Toyota, Honda, Renault, and Hyundai, Turkey is a major manufacturer of motor vehicles in Europe, with over one million vehicles produced annually.

Source: Milliyet