The story
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 under 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.
From Wikipedia’s article on Otokar, shared under CC BY-SA 4.0.5
