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English
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oda_PartialOrCompleteSuspensionOrImposssibilityOfOperationsAbstract|
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oda_UpdateAnnouncementFlag|
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Evet (Yes)
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oda_CorrectionAnnouncementFlag|
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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14.04.2021
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_AnnouncementContentSection|
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oda_NatureOfSituationOccured|
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Gölcük Plant One Week Early Opening / Production Interruption in Eskişehir Plants
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oda_InformationAboutOperationsSupendedOrBecameImpossible|
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Production activities in Eskişehir Plants
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oda_ReasonOfSuspensionOrImpossibilityOfOperations|
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Disruption in supply processes from abroad
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oda_DecisionDateOfAuthorizedBodyIfExits|
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-
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oda_ValidityDateOfSuspensionOrImpossibilityOfOperations|
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Eskişehir Engine and Truck Plant: 31.05.2021
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oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalProductionOfCompany|
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No significant impact is expected on the total production estimates for the year 2021 disclosed to the public.
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oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalSalesOfCompany|
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No significant impact is expected on the total number of sales forecasts for the year 2021 disclosed to the public
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oda_ShareOfPartiallySuspendedOperationsInTotalProductionAndSalesOfCompany|
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-
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oda_NumberOfPersonnelWhoseEmploymentContractsWereOrWillBeTerminated|
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-
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oda_TotalAmountOfSeveranceAndTerminationPaysThatWasOrWillBePaid|
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-
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oda_PrecautionsTookIntoConsiderationByCompanyManagement|
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Production planning of Ford Motor Company and Ford Otosan with their suppliers and bringing forward our annual planned summer shutdown
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oda_ConditionsRequiredForGoingIntoOperationAgain|
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Improvement in supply processes
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oda_ExpectedDateToBeginOperations|
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Gölcük Plant: 07.06.2021 Eskişehir Engin Plant: 14.06.2021 Eskişehir Truck Plant: 17.06.2021
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oda_EffectsOnContinuityAssumptionOfCompany|
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No effect is expected
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oda_ExplanationSection|
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oda_AdditionalExplanationTextBlock|
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In our Material Disclosure dated 14 April 2021, it was announced that the ongoing issues in the global supply of semiconductors was compounded with the earthquake and fire in Japan, leading to additional supply issues. It had therefore been decided to bring forward our annual routine summer shutdown and suspend production at our Gölcük plant from April 19 to June 13. Further to the efforts of our main partner, Ford Motor Company, and the collaboration we carried out with our suppliers, it has been possible to reduce production downtime by one week. Production will start at our Gölcük Plant on June 7. Meanwhile, the ongoing semiconductor supply shortage started to impact our Ford Trucks business. In order to prevent production volume loss for the year, it was decided to bring forward our annual routine summer shutdown at our Eskişehir plant and suspend engine production from May 31 to June 14 and truck production from May 31 to June 17. Production will continue at our Yeniköy Plant. The resulting production loss will be reduced by continuing production during the routine summer shutdown and the ramp up in production tempo in the following months, therefore, our total production and sales guidance for 2021 is expected to remain within the previously announced range.
This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail. |
We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.