Ford's Annual Total Sales Revenue Reached 26.787 Million TL

Ford's Total Annual Sales Revenue Reached Million TL
Ford's Total Annual Sales Revenue Reached Million TL

Ford Otomotiv Sanayi A.Ş.'s total annual sales revenue reached 26.787 million TL.

The following information was given in the statement made to the Public Disclosure Platform (KAP): “In the January-June period, our total production number increased by 34% on an annual basis and reached 157.670 (117.507) units. Our capacity utilization rate was 69% (52%), 75% (58%) in Gölcük, 75% (34%) in Eskişehir and 53% (35%) in Yeniköy. According to the data of the European Automotive Manufacturers Association (ACEA), after the pandemic-induced decline in 3,5 in light commercial vehicle sales of up to 2020 tons in Europe, which is our biggest export market, in the January-June period, confidence has started to return and it has been seen that the confidence has started to return, and it has increased by 44% annually. there has been an increase. Ford maintained its leadership in the European market by increasing its commercial vehicle sales by 42% in the first half of the year and by 60% in the second quarter, compared to the same period of the previous year. The market share increased by 0,4 points on an annual basis in the first half and reached 14,8%. Transit Custom manufactured by Ford Otosan has maintained its title as the best-selling vehicle in England. During this period, 87% of the Transit family vehicles sold in Europe and 73% of all Ford branded commercial vehicles were manufactured by Ford Otosan. In the first half, Ford Otosan's export volumes increased by 31% annually to 126.603 (96.452) units due to the growth in the market and Ford's high performance. Our export revenues amounted to 19.891 (11.539) million TL. Our export revenues increased by 2% year-on-year as a result of the increase in our export volumes, our cost plus export agreements (costs increased due to low production in 21Q1), the exchange rate effect (an annual average increase of 21% in EUR/TL in 33H72) and positive sales mix. . Our domestic wholesale sales increased by 42% annually to 37.543 (26.419) units due to the growth in the domestic market. Thanks to our increasing sales numbers, positive sales mix and our continued pricing discipline, our domestic sales revenues increased by 94% annually to 6.896 (3.555) million TL. Our total sales increased by 34% year-on-year to 164.146 (122.871). Our total sales revenues increased by 77% year on year to 26.787 (15.094) million TL. The share of exports in sales revenues was 74%. (1H20: 76%)”

Be the first to comment

your comment