TOFAŞ TÜRK OTOMOBİL FABRİKASI A.Ş. Yeni İş İlişkisi 20 Ekim 2025

Contracts have been signed between our Company and Stellantis Europe S.P.A. regarding i) the extension of the production period for the Tipo/Egea model, and ii) the export of the K0 model to the North American market.

Amendment to the Agreements for the Extension of the Tipo/Egea Model Production Period

i)                    An agreement has been reached with Stellantis Europe S.p.A. to amend the Production Agreement in order to extend our Company's production of the Tipo/Egea model, which is currently manufactured at our Bursa plant, to June 30, 2026

Amendment to the Agreements for the Production of K0

ii)                   As disclosed to the public in our material event statement dated November 4, 2024, an agreement has been reached with Stellantis Europe S.P.A. regarding the export of the K0 vehicle model, which will be manufactured by our Company between 2024 and 2032, to the North American region. Within this scope, out of the total targeted production volume of approximately 1 million units throughout the production lifecycle, it is envisaged that 230,000 units will be exported to the North American market. In order to enable production in compliance with North American market, our Board of Directors has decided to revise the total investment amount for the K0 model to EUR 386 million.