KARSAN TO INVEST TRY 210M IN MEGANE

The vehicle manufacturer Karsan will invest TRY 210m in the Megane Sedan’s production project on behalf of Oyak Renault, employing an additional 800 people, according Okan Bas, CEO of Karsan. The company will also generate income per vehicle to be manufactured. Karsan has signed a 5-year partnership agreement with Oyak Renualt to produce the current Megane Sedan model by the end of 2022, with a production volume estimated around 55,000 units per year. “On the one hand, we develop 100% electric and autonomous public transportation vehicles for our brand, on the other we can undertake production processes of different brands’ high-level models at our facilities,” said Bas.