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    Turk Dogus Otomotiv halts overseas expansion plans

    HotNewsTurkey Staff
    20 Ekim 2008 - 14:48Son Güncelleme : 20 Ekim 2008 - 14:50

    Dogus Otomotiv, the Turkish distributor of Volkswagen cars in Turkey, will halt its overseas expansion plans, Hurriyet daily reported on Monday citing Aclan Acar, chairman of the company.

    The Istanbul-based company was in talks with Volkswagen AG to distribute Audi cars in the U.S., the newspaper said. It also planned to expand into North Africa after launching operations in Egypt to sell Volkswagen commercial vehicles, as well as Bulgaria, the report also said.

     

    He said Dogus would see through investments it has already begun, like its projects with German partners Meiller Fahrzeug & Maschinenfabrik GmBH and Fahrzeugwerk Bernard Krone Gmbh to make trailers, Acar said.

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