Company type | Public Company |
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Traded as | BİST: OTKAR |
Industry | Automotive & Defense |
Founded | 1963; 61 years ago (1963) |
Headquarters | Arifiye, Sakarya, Turkey |
Area served | Europe, Middle East, Central Asia, Africa |
Key people | Ali Koç (Chairman) Serdar Görgüç (CEO) |
Products | Buses Trucks Trailers Military vehicles |
Revenue | $956 million (2023) |
Operating income | $87 million (2023) |
Net income | $71 million (2023) |
Total assets | $1.13 billion (2023) |
Total equity | $291 million (2023) |
Number of employees | 3580 (2023) |
Parent | Koç Holding |
Subsidiaries | Otokar Europe SAS (France) Otokar Land Systems LLC (UAE) Otokar Europe Filiala Bucuresti SRL (Romania) Otokar Central Asia Limited (Kazakhstan) |
Website | otokar.com.tr |
Otokar Otomotiv ve Savunma Sanayi A.Ş., also known simply as Otokar, is a Turkish bus and military vehicle manufacturer headquartered in Sakarya, Turkey. Otokar is a subsidiary of Koç Holding.
History
Otokar was founded in 1963 as Turkey's first bus manufacturing company under the license of Magirus-Deutz. The company was noted for manufacturing the most modern buses and modern intercity vehicles for that period. In the early 1980s, Otokar started production of Deutz-powered vehicles with local components. During this period, Turkey's largest conglomerate, Koç Holding, purchased major share of Otokar. Within its public transportation strategies in the early 1980s, the company added intercity bus to its lineup.
In the mid-1980s, Otokar manufactured the first Turkish armoured vehicle as an armoured car by acquiring the manufacturing license of Jaguar Land Rover. In 1987, the Turkish Armed Forces ordered Otokar to manufacture military Land Rover Defender in Turkey in cooperation with Land Rover.
In the early 1990s, Otokar developed the Otokar Armoured Personnel Carrier, Otokar Akrep and Otokar Cobra which was Turkey's first 4x4 light-armoured tactical wheeled vehicle in which Otokar combined its armour technology with the experience in military vehicles. In 1997, the company moved to its new manufacturing facilities in Sakarya, Arifiye.
In 2002, Otokar acquired a trailer and semi-trailer production company from Koç Group Company of Istanbul Fruehauf A.Ş. Later in 2002, with its experience in public transportation, Otokar developed the Navigo small bus which is marketed in Turkey with the Sultan brand. In 2003, Otokar initiated cooperation with Singapore Technologies Kinetics (STK) for the new 8x8 tactical armoured vehicle Otokar Yavuz. In 2005 Otokar expanded its line of armoured vehicles.
In 2007, the Subsecretary for Defence Industries of Turkey launched negotiations with Otokar on the eventual contractual agreement to develop and produce Turkey's first national tank.
In 2011, Otokar achieved 890,000,000 TL turnover, 72% higher than 2010. Mostly due to civil products, sales were extended to European countries, leading to the establishment of the Otokar European office. The company introduced the Arma 8x8 ACV, Arma 6x6 EOD, Mizrak RCT and exhibited Altay MBT's early prototype in 2011.
As of 2019, Otokar products are actively used in 60 countries with 300 support and sales points.
Vehicles
Minibuses
- Centro
Otokar produces the famous Deutz F4L912-powered, 80S minibuses based on the TAM 80T50 light truck. They have held the largest percentage by far among all dolmuşes (share taxis) in Istanbul and Ankara since their introduction in the 1970s. These 14-seat minibuses are particularly known for their cubic shape, durability, long life expectancy, and low operation costs. M-2000, M-3000, and M-2010 were the latest models from this series, which began some time ago under a different coding system. Initially, the vehicles were named Magirus after their engines, but as the company built confidence among its customers, the company started using their own brand name. The last member of the series, M-2010 has an Iveco engine, the first time Deutz engines were abandoned in this series.
Buses
- Navigo
Otokar manufactures several buses for civilian mass transit use. Its line of Navigo buses range from the Navigo 125L with 25 seats and 6.3 m in length to the Navigo 160SE with 31 seats at 7.1 m in length. All small bus models use a 4.4L Cummins 145 PS Euro 6 diesel engine. The Navigo is marketed as the Sultan in Turkey. The larger, more luxurious models have a 45-litre refrigerator, hostess seat, announcement system, optional additional heater and optional double-layer glass, DVD, VCD, MP3 player and LCD TV systems.
- Doruk and Vectio
Since April 2007, Otokar has also started to manufacture a new 9-meter, rear-engined bus called Doruk in Turkey and Vectio in other markets.
Otokar is the bus supplier for Inter Trust of Bulgaria.
In February 2020, Otokar signed an agreement with Iveco Bus for production of IVECO Buses in Turkey.
- Kent
Kent is the low floor full-size bus line-up of Otokar used by many operators.
Trailers and superstructures
Otokar manufactures a wide variety of trailers and superstructures for carrying textiles, refrigerated foods, heavy mechanical goods, hazardous materials, and motor vehicles.
Utility
Otokar, under the Land Rover license, produced several Land Rover variants and models until 2016. These include the Land Rover Defender 90, Defender 110, and Defender 130 for use as utility, ambulance, and rescue vehicles.
Military
Otokar produces wheeled military vehicles for the Turkish Armed Forces as well as other countries.
- Altay MBT—the Turkish national main battle tank
- Otokar Arma—6x6/8x8 wheeled-armoured vehicle.
- Otokar Armoured Internal Security Vehicle—for usage in urban and residential areas with variants equipped as command vehicles, personnel carriers, explosive ordnance disposal vehicles, reconnaissance/surveillance vehicles, and water cannon vehicles.
- Otokar Armoured Patrol Vehicle (APV)—a versatile 4x4 armoured vehicle adaptable to a wide range of military and security roles. Exported to Bahrain, Bangladesh, Algeria, Iraq and Pakistan.
- Otokar Akrep—a 4x4 special attack/defense vehicle.
- Otokar Akrep II—an electric-drive 4x4 special attack/defense vehicle, further development of the Akrep.
- Otokar Cobra, Cobra II—4x4 infantry mobility vehicles
- Otokar Discreetly Armoured Station Wagon—looks like a standard vehicle but features an armoured body structure that meets military standards as well as superior road and cross-country capabilities.
- Otokar Engerek—a fast attack vehicle based on the Land Rover 110.
- Otokar Kale—a mine-resistant ambush protected vehicle (MRAP) which provides enhanced mine and ballistic protection along with independent suspension system ensuring superior mobility in a wide range of demanding terrains under diverse climatic conditions.
- Tulpar (IFV)—tracked armoured infantry fighting vehicle designed to provide ballistic and mine protection to support new generation main battle tanks on the battlefield and to provide fire support for infantry.
- Otokar Ural—armoured personnel carrier with a versatile modular platform and an innovative feature set.
- Otokar/Land Rover—40 variants of the Defender 90, 110, and 130.
- Otokar Yavuz—8x8 armoured personnel carrier; the design is based on the AV-81 Terrex.
Former
- Otokar 80S5.5 (1990–2000)
- Otokar M-2000 (2000–2010)
- Otokar M-3000 (2008–2011)
- Otokar M-2010 (2009–2014)
- Land Rover Defender (1984–2016)
See also
References
- "2023 Annual Report". kap.org.tr. Public Information Domain. 20 February 2020.
- (in Turkish) Otokar'dan rekor büyüme! Archived 2012-06-22 at the Wayback Machine, Otokar, Retrieved 19 February 2012
- "ARMA is Otokar's new generation modular multi-wheel configuration armoured vehicle with superior tactical and technical characteristics". Archived from the original on 4 May 2014. Retrieved 4 May 2014.
- "Otokar Armored Internal Security Vehicle has a specially designed body for usage in urban and residential areas, the number of the doors provides quick and easy access to the vehicle, and the smooth side body design makes it almost impossible to climb on the vehicle". Archived from the original on 4 May 2014. Retrieved 4 May 2014.
- "Otokar Armoured Patrol Vehicle is a versatile 4x4 armored vehicle adaptable to a wide range of military and security roles". Archived from the original on 4 May 2014. Retrieved 4 May 2014.
- KUNT, Rasim Anıl (23 May 2017). "ZPT". DefenceTurk (in Turkish). Retrieved 2 May 2021.
- "Akrep is a special attack/defense vehicle developed on well proven mechanical parts and day/night vision and aiming systems". Otokar. Archived from the original on 4 May 2014. Retrieved 4 May 2014.
- Foss, Christopher F. (2 May 2019). "IDEF 2019: Otokar displays Akrep IIe electric armoured vehicle". Jane's 360. Archived from the original on 22 July 2019. Retrieved 22 July 2019.
- "Cobra Light Armoured Vehicle". Army Technology. Archived from the original on 3 April 2016. Retrieved 17 March 2016.
- "Cobra - Light Armoured Vehicles - Jane's Land Forces". Jane's Information Group. Archived from the original on 13 October 2007. Retrieved 15 September 2007.
- "Cobra II". Otokar. Archived from the original on 2 November 2019. Retrieved 10 January 2019.
- "Discreetly Armored Station Wagon, which looks like a standard vehicle, actually has an armored body structure that meets the military standards as well as superior road and cross country capabilities". Otokar. Archived from the original on 4 May 2014. Retrieved 4 May 2014.
- "Otokar: Land Rover 110 Engerek – Özel Harekat Aracı". Savunma Sanayii Müsteşarlığı. Archived from the original on 5 March 2016. Retrieved 1 April 2016.
- "KALE is specially designed and developed as a Mine Resistant Ambush Protected Personnel Carrier". Otokar. Archived from the original on 4 May 2014. Retrieved 4 May 2014.
- "TULPAR is designed as a multi-purpose vehicle platform with its outmatch ballistic and mine protection to support new generation main battle tanks in battlefield and to provide fire support for infantry". Otokar. Archived from the original on 4 May 2014. Retrieved 4 May 2014.
- "URAL, a new armoured personnel carrier with a versatile modular platform and an innovative feature set, that fulfils the requirements of even the most demanding missions". Otokar. Archived from the original on 4 May 2014. Retrieved 4 May 2014.
- "Otokar manufactures Land Rover Defender models under Land Rover-UK license in parallel with customer needs". Otokar. Archived from the original on 4 May 2014. Retrieved 4 May 2014.
- "Otokar: Yavuz Zırhlı Personel Taşıyıcı". Savunma Sanayii Müsteşarlığı. Archived from the original on 5 March 2016. Retrieved 1 April 2016.
- "Yavuz". Military-today.com. Archived from the original on 17 May 2016. Retrieved 17 March 2016.
Sources
- Otokar website (in Turkish)
- History of Otokar
- Company Profile
- Article about Turkish Defense companies
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Related topics | |
- Land Rover
- Bus manufacturers of Turkey
- Truck manufacturers of Turkey
- Military vehicle manufacturers
- Turkish brands
- Companies listed on the Istanbul Stock Exchange
- Companies in the BIST 100
- Vehicle manufacturing companies established in 1963
- Defence companies of Turkey
- Koç family
- Arifiye
- Turkish companies established in 1963