CEO of Turkey’s domestically produced car project announced

Mehmet Gürcan Karakaş was appointed as the CEO of the joint venture of five local industrial giants launched to manufacture Turkey’s first domestically produced car, Anadolu Agency reported on Saturday.

Each of the five companies within the consortium -Anadolu Group, BMC, Kıraça Holding, Turkcell and Zorlu Holding- has 19 percent share in the newly established “Turkey’s Automobile Venture Group Industry and Trade Inc.”, while Turkish Union of Chambers and Commodity Exchanges (TOBB) has a 5 percent share. 

“Technological improvements will transform classic car into a mobility eco-system. When we succeed in uniting the high motivation and commitment for our project with the high potential in our country, I am almost certain that we will have a say in the global market,” the new CEO Karakaş said in his statement.  

Karakaş graduated from Middle East Technical University and started working in Aselsan as a design engineer. He started working for Bosch Turkey in 1997 and became the company’s general manager in 2004. He became the  senior vice president at the Divisional Board Automotive Aftermarket, Robert Bosch GmbH in 2007.