Ford Otosan 9M'26 net income falls 34% YoY to TL 19.26 billion; 9M'26 revenue drops 9% YoY to TL 684.62 billion
Bitget2026/11/05 16:16- Ford Otosan’s nine-month 2026 net income fell 34% year over year to TL 19.26 billion.
- Revenue dropped 9% year over year to TL 684.62 billion, with currency appreciation lagging inflation.
- Operating profit slumped 48% year over year to TL 20.4 billion, reflecting continued cost pressures and currency appreciation trailing inflation.
- Third-quarter export volume climbed 11% year over year to 154,424 vehicles, supported by strong demand for 1-ton commercial vehicles.
- For 2026, domestic retail guidance was cut to 65,000–75,000 vehicles and wholesale guidance to 645,000–705,000 vehicles, reflecting weaker domestic demand.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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