DOAS Investor Relations

Phone:+90 212 335 36 36
Fax:+90 212 285 40 31

 
Doğuş Otomotiv has taken initial steps to become a regional player in the automotive sector.

Homepage

2007 was a year of which Doğuş Otomotiv has continued to expand its presence in every part of the automotive sector. All of our investments initiated have been realized in accordance with the goal of being a strong player in every phase of the automotive value chain. As we believe in the significance of sustainable growth, this year has been an icon of success for our company.

In 2007, Doğuş Otomotiv has taken its initial steps to become a regional player in the automotive sector. Doğuş Otomotiv made the start of international expansion with Cairo in November 2007 with the establishment Doğuş Auto Mısr which is operational in import, distribution, retail and after-sales services of VW brand light commercial vehicles in Egypt. As a second step of international operations, Doğuş Otomotiv will provide retail and after-sales services for Porsche brand in Lausanne, Switzerland. Currently, authorization procedures for Porsche dealership in Lausanne were completed and the operations are expected to begin in the first half of 2009.

We have also started production investments, which we assess as one of the most valuable parts of the automotive value chain, based on the agreements we signed with Krone and Meiller, for manufacturing trailers and tippers in Turkey, respectively.

Doğuş OtoMotion, which is the first of its kind in Turkey and a distinctive automobile sales and service area, opened its doors to the public in Istanbul in November 2007. With Doğuş OtoMotion, all brands solely sold by Doğuş Otomotiv in Turkey were brought under one umbrella to be displayed at the same place and at the same time to all interested parties.

In addition, we have been moving into new business lines with TüvTurk in motor vehicle inspection business, with Leaseplan in operational fleet rental, and with Otofix in express after-sales services for multi-brand vehicles.

All of our investments are in-line with our strategy of being closer to our customers, being an innovative and sizable player in every part of the automotive sector. Hence, we always target to provide everyone visiting our showrooms and service points with “creative services beyond expectations”. These efforts together have secured a strong bargaining power for our company in the fierce competition prevailing in automotive sector and expanded our service range.

We have implemented a lot of major changes in our management structure to be more compliant with the corporate governance principles that are valid in many professional organizations all over the world. Accordingly, the roles of the Chairman of the Board and Chairman of the Executive Committee were separated from each other.

To conclude, parallel to our corporate vision and strategy, 2007 has been a year of investments in every stage of the automotive value chain. In accordance with our long term strategy, our investments will continue with full throttle in the coming years, as well as 2008, because we know that in every coming day we can outpace our success we attained in the past.

Kindest regards,
Aclan Acar
Chairman of the Board
Doğuş Otomotiv