In January, Tofaş was the only one who won the investor among the automotive companies….
Among the automotive companies traded on Borsa İstanbul, Tofaş was the only company that increased shares for 8.5 percent to the investor.
US President Donald Trump’s tariff practices, China’s discourses and global trade routes on the global trade routes of the recent trade wars can be re -experienced concerns, as well as fragile risks in the European economy are increasing risks in the world economy.
Increasing economic concerns worldwide restricts the orientation of relatively risky assets, while investors lead to cautious stance.
In the light of these developments, analysts stated that the fluctuations in the stock performances of some of the companies that are important in the global trade in the global trade attracted attention and that the entering the relaxation cycle of the central banks, especially the US Federal Bank (FED), came to the fore.
In January, the stock value of 8 automotive companies traded on Borsa Istanbul increased, while the stock price of 7 companies declined.
In January, Tofaş became an automotive company that won the investor with 8.5 percent among the automotive companies traded on Borsa İstanbul. The company’s attempts to take over the rights of Stellantis, which emerged with the merger of leading brands in the global automotive market, became official last year. The company carries out the activities of Stellantis in Türkiye Stellantis Otomotiv He had purchased the entire Marketing Inc.. However, by the Competition Board, the commitments made by Tofaş to take over Stellantis were not deemed sufficient.
In the latest developments, the Competition Board will be gathered to reconsider its decision, while an official statement has not yet come.
However, the company announced in December last year that a financing agreement of 295 million 187 thousand euros was signed within the scope of the K0 model commercial vehicle investment, and the maturity of the loan would be expired in December 2032.
In January, Karsan Otomotiv’s shares 0.6 percent, Ford Otosan’s shares 0.8 percent, Doğuş Automotive’s shares 2.9 percent, Tümosan motor and tractor 5.4 percent, Anatolian Isuzu 6.7 percent, Turktractor 8.7 percent and Otokar’s 15 percent fell.
Analysts stated that the prices of the shareholders of the company traded in the share markets have changed depending on the supply and demand and that the financial situations of the companies, macroeconomic factors, market psychology and investors’ motives of profit maximization are prominent.
Ford Otosan in the market value took the first place
Ford Otosan, which has the highest market value among 8 public automotive companies, completed January with a market value of 326 billion 170 million 845 thousand pounds.
In the period in question, Ford Otosan with a market value of 111 billion 250 million pounds, Tofaş, 68 billion 545 million 809.4 thousand pounds with a market value, 49 billion 410 million pounds market value Otokar, 41 billion 382 million pounds with the market value of Doğuş Automotive, 15 billion 548 million 400 thousand pounds with the market value of the market value of the market value of the market value Motor and tractor, 10 billion 836 million pounds with a market value Karsan Otomotiv followed.
On the other hand, according to the data of the Turkish Exporters Assembly (TIM) data, the automotive sector in the January-December period of 2024 realized the highest annual exports of all time with 37 billion 211 million 661 thousand dollars last year. In 2024, the exports of the automotive sector increased by 6.3 percent compared to 2023, while the share of the sector in total exports was 16.5 percent.
Automobile Magazine
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