Otokar Otomotiv ve Savunma Sanayi AS - Company Profile
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Otokar Otomotiv ve Savunma Sanayi AS (Otokar) is a vehicle manufacturer. The main activity of the company in the manufacturing and selling of commercial and defense vehicles. Its products include off-road vehicles, unmanned robotic vehicles, SUVs, wheeled and tracked armored vehicles, minibusses, midi buses, autobuses, trailers, semi-trailers, light trucks, cross-country vehicles, and turret systems. It also provides tailor-made solutions according to customer-specific requirements by using its technologies, design, and applications; and also offers spare parts and services. The company provides products and solutions to transport companies, militaries, NATO, and the UN in Europe, South America, Africa, and Gulf regions. Otokar is headquartered in Istanbul, Turkey.
Headquarters
Turkey
Address
Aydinevler Mah. Saygi Cad. No:58 Maltepe, Istanbul, Istanbul-I (Thrace), 34788
Website
www.otokar.com.tr
Telephone
90 216 4892950
No of Employees
3,906
Industry
Automotive
Ticker Symbol & Exchange
OTKAR.E (IST)
Revenue (2024)
$1.0B
-13.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-209.3%
(2024 vs 2023)
Market Cap*
$1.0B
Net Profit Margin (2024)
XYZ
-226.9%
(2024 vs 2023)
* As of and is in US$
Otokar Otomotiv ve Savunma Sanayi AS premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Armored Vehicles | - |
| Minibuses | Vehicle Aftersales Services |
| Autobuses | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In December, the company secured a contract, worth US$83.6 million, for its COBRA II 4x4 tactical armored wheeled vehicle. |
| 2025 | Plans/Strategy | In November, the company announced its plans to expand its presence in South America. |
| 2025 | Contracts/Agreements | In October, the company signed an agreement with Guardiaris to collaborate on military training, simulators, joint projects, and new market opportunities. |
Competitor Comparison
| Key Parameters | Otokar Otomotiv ve Savunma Sanayi AS | Stellantis NV | Mercedes-Benz Group AG | Bayerische Motoren Werke AG | Anadolu Isuzu Otomotiv Sanayi ve Ticaret A.S. |
|---|---|---|---|---|---|
| Headquarters | Turkey | Netherlands | Germany | Germany | Turkey |
| City | Istanbul | Hoofddorp | Stuttgart | Muenchen | Kocaeli |
| State/Province | Istanbul-I (Thrace) | - | Baden-Wurttemberg | Bayern | Kocaeli (Izmit) |
| No. of Employees | 3,906 | 248,243 | 163,132 | 159,104 | 1,492 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Yildirim Ali KOC | Chairman | Executive Board | 2015 | 57 |
| Selin Ayla Unver | Vice Chairman | Executive Board | 2018 | 41 |
| Ahmet Serdar Gorguc | General Manager; Director | Executive Board | 2006 | 66 |
| Onur Vural | Assistant General Manager - Operations | Senior Management | 2023 | - |
| Mustafa Kerem Erman | Assistant General Manager - Commercial Vehicles | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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