• Home
  • /
  • Nissan completes acquisition of Turkey operations and appoints new managing director to lead expansion

Nissan completes acquisition of Turkey operations and appoints new managing director to lead expansion

  • Nissan Otomotiv A.S. is now a subsidiary of Nissan Motor Co., Ltd.
  • Sinan Özkök named managing director of Nissan Otomotiv A.S.

ISTANBUL, Turkey (October 9, 2015) - Nissan has taken direct control and ownership of its sales operations in Turkey as the Japanese car maker pursues an ambitious growth strategy in the country. Following the approval of regulatory authorities shares in Nissan Otomotiv A.S. (NOAS) were transferred to Nissan Motor Co., Ltd. in a friendly acquisition from the previous owner, Sumitomo Corporation. Service to customers will be unaffected.

Nissan is also announcing the appointment of Sinan Özkök as the managing director of its operations in Turkey.

"Sinan Özkök will leverage his 22 years of experience to drive Nissan's growth in Turkey," said Christian Mardrus, Chairman of Nissan's Africa, Middle East and India region, and Senior Vice President. "Nissan is aiming to become the leading Japanese brand in Turkey, which is already one of the twenty biggest car markets in the world. We see demand for cars in Turkey growing to a million units per year."

Sinan Özkök, 45, joins Nissan from the company's Alliance partner Renault. He started his career at Oyak-Renault Bursa in 1993 and then worked at the headquarters of Oyak Renault for four years before moving to Renault SAS in France in 2001. He returned to Turkey in 2007. Since then he has worked in several leadership positions, including Renault & Dacia Sales and Network Director, where he managed the largest dealership network in Turkey.

Özkök's appointment was effective October 1. He was introduced to the Nissan team in Turkey by Samir Cherfan, managing director of Nissan Middle East, to whom Özkök will report.,

"I am delighted to welcome Sinan as our new managing director in Turkey," said Cherfan. "Sinan brings a long term experience of the automotive market in Turkey and will be playing an instrumental role in the expansion of Nissan business in the country."

About Nissan Middle East
Nissan Motor Co. Ltd. became the first Japanese car manufacturer to establish a regional Middle East headquarters in June 1994. Nissan operations now cover over 20 countries across the region making it one of the best represented Japanese automotive brands in the Middle East. From its pioneering crossover vehicles and class-leading small cars to the legendary Nissan GT-R and all-conquering SUVs such as the `Hero of All Terrain', Nissan Patrol, Nissan Middle East's vehicle line-up is one of the broadest and most popular in the region, covering almost every segment of the automotive market.

About Nissan Motor Co., Ltd.
Nissan Motor Co., Ltd., Japan's second-largest automotive company, is headquartered in Yokohama, Japan, and is part of the Renault-Nissan Alliance. Operating with more than 247,500 employees globally, Nissan sold almost 5.32 million vehicles and generated revenue of 11.38 trillion yen (USD 103.6 billion) in fiscal 2014. Nissan delivers a comprehensive range of more than 60 models under the Nissan, Infiniti and Datsun brands. Nissan leads the world in zero-emission mobility, dominated by sales of the LEAF, the first mass-market, pure-electric vehicle and the best-selling EV in history.

# # #